Nynas news

02/05/2018 08:00

NYNAS REPORTS FIRST QUARTER 2018

Nynas’ sales increased to SEK 2,644 million (2,570) as a result of higher oil prices compared to the first quarter of 2017. Sales volumes decreased by 15 per cent compared to the first quarter 2017 due to a late start of the bitumen season. EBITDA amounted to SEK 84 million (151).

"Stable demand for naphthenic specialties and a very slow start into the bitumen season due to the weather conditions in Northern Europe marked the first quarter 2018. Given the seasonality of our business with bitumen volumes in the first three months only representing around 10% of the yearly volume, the first quarter results only provide limited information regarding the underlying performance,” commented Gert Wendroth, President and CEO of Nynas AB.

First Quarter Summary 

  • Net sales increased to SEK 2,644 million (2,570), as a consequence of a 24 per cent higher oil price compared to the first quarter of 2017.
  • EBITDA amounted to SEK 84 million (151).
  • A new laboratory in Nynäshamn was opened in January for Nynas’ specialty oils in the tyre and industrial rubber product segments.


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 Q1 2018

Further reading

Nynas Annual Report 2017

Nynas AB today published the Annual Report 2017. It is available in the Investor relations section and a printed version is available on request.

Read more about Nynas Annual Report 2017

Nynas reports fourth quarter and full year results 2017

Nynas increased its sales volumes by 5 per cent in the fourth quarter and by 7 per cent for the full year, compared to 2016. The operating result for the quarter (EBITDA) amounted to SEK 396 million (44) and for the full year to SEK 1,218 million (1,009).

Read more about Nynas reports fourth quarter and full year results 2017

Nynas reports third quarter 2017

Sales volumes increased with 10 per cent in the third quarter. The operating result (EBITDA) amounted to SEK 311 million (541), negatively impacted by a weaker USD and sourcing limitations primarily in the Americas.

Read more about Nynas reports third quarter 2017