Nynas news

28/08/2015 08:00

Nynas reports second quarter 2015

Nynas' net sales decreased to SEK 4,907 million (6,364) for the second quarter of 2015, negatively impacted by the drop in oil price level compared to last year. The key event was the turnaround of the Nynäshamn refinery which was executed successfully and safely with no accidents being reported. Production was started again in May.

"The development during the first six months of 2015 has confirmed Nynas' recovery of last year. Despite the economic slowdown in China and the problems in South America's largest country, Brazil, sales volumes developed positively in both business areas Naphthenics and Bitumen," commented Gert Wendroth, President and CEO of Nynas AB.

Second Quarter Summary

  • Net sales decreased to SEK 4,907 million (6,364) as a consequence of lower oil prices compared to last year.
  • Bitumen volumes showed strong growth compensating for most of the lost volume from the closure of the Continental Europe bitumen business.
  • Operating result before depreciation (EBITDA) excluding non-recurring items for the second quarter amounted to SEK 260 million (402). It includes SEK -113 million (-36) of negative hedge effects.

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 Q2 2015

Further reading

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

Nynas reports second quarter 2017

Sales volumes increased both in the second quarter and the first six months.Operating result before depreciation (EBITDA) amounted to SEK 360 million (111).

Read more about Nynas reports second quarter 2017