News from Nynas

Nynas reports third quarter 2015

Nynas sales volumes increased for Bitumen and Naphthenics combined by 6 percent. Oil prices were 50 percent lower explaining Nynas’ net sales decrease to SEK 4,992 million (7,019) for the third quarter of 2015.

"Bitumen sales were strong in all countries and Naphthenics sales grew overall despite the slowdown of economic growth in Asia and volume losses in Brazil as well as in Russia and Ukraine for known reasons," commented Gert Wendroth, President and CEO of Nynas AB.

Third quarter summary

  • Total sales volumes increased by 6 percent for comparable units.
  • Net sales decreased to SEK 4,992 million (7,019) as a consequence of 50 percent lower oil prices compared to last year.
  • Operating result before depreciation (EBITDA) excluding non-recurring items amounted to SEK 726 million (515).
  • Strong seasonal cash flow from operations.

For further information please contact:
Hans Östlin
Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel: +46 (0)708 93 19 75

Nynas Quarterly Report Q3 2015