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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.
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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