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Nynas' net sales amounted to SEK 3,208 million (4,160) for the first quarter of 2015. Volumes increased in both Naphthenics and Bitumen. Margins were somewhat depressed as Nynas still sells products manufactured with higher raw material costs compared to today.
"Given the seasonality of our bitumen business, the first quarter results only have limited informative value for Nynas' underlying business performance. In total, our volumes were unchanged. We have managed to compensate for the lost volumes from the closure of our Continental Europe bitumen business, thanks to the increased naphthenic volumes and also increased volumes for bitumen in spite of the winter season," commented Gert Wendroth, President and CEO of Nynas AB.
Hans Östlin Communications Director Nynas AB Email: email@example.com Tel.: +46 (0)708 93 19 75
The information is submitted for publication on 13 May, 2015 at 08:00 CET.
On 18 May 2017, Nynas AB announced that the company will issue additional senior unsecured bonds of SEK 450 000 000 within its existing bond loan (ISIN SE0005994167) within a total frame amount of SEK 1 100 000 000 with issue date on 26 May 2017 and a final maturity date in June 2018.Read more about Nynas publishes bond prospectus and applies for listing of its corporate bonds