Lindetorpsvägen 7, Stockholm, Sweden
+46-8-602 12 00
Nynas’ net sales grew to 6,364 SEK million (5,398) for the second quarter and to 10,491 SEK million (8,312) for the first six months of 2014. EBITDA (excl. non-recurring items) amounted to 402 SEK million (132) in Q2 and to 476 SEK million (63) for the first half year. Both business segments, Naphthenics and Bitumen, contributed to this positive development.
"Following two disappointing years, we are very proud to report significantly improved financial results for the first half of 2014. Even though the economic environment remained fragile with political tensions in many regions of the world, as well as volatile oil prices that impacted our raw material and finished product prices, we have seen positive developments in many of the markets we are active in," commented Gert Wendroth, President and CEO of Nynas AB.
For further information please contact:
Hans Östlin Communications Director Nynas AB
Email: email@example.com Tel.: +46 (0)708 93 19 75
August 29, 2014, at 08:00 CET