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Nynas' net sales grew to 7,019SEK million (6,500) for the third quarter and to 17,537 SEK million (14,816) for the first nine months of 2014. EBITDA (excl. non-recurring items) amounted to 515 SEK million (356) in Q3 and to 991 SEK million (420) for the first nine months. Both Bitumen and Naphthenics have contributed to this positive development as well as the savings from the company's efficiency program.
"Third quarter results have exceeded our expectations and have confirmed the positive trend of our business already shown in the first half of this year. The nine month operational result before non-recurring items has been the best in 4 years and underpins the strong recovery of Nynas," commented Gert Wendroth, President and CEO of Nynas AB.
For further information please contact:
Hans Östlin Communications Director Nynas AB Email: firstname.lastname@example.org Tel.: +46 (0)708 93 19 75
Stina started at Nynas as Supply Chain planner EMEA after graduating from Linköping University with a Master of Science in Industrial Engineering and Management in 2007. She moved on to roles as Supply Chain Analyst, Contract Manager Supply Chain, and Planning Manager Supply Chain. Since December 2016, Stina has been Head of Supply Chain EMEA. Find out what's on her mind.Read more about The brains of Nynas: Stina Wiqvist
NYNAS® has developed a series of NYTEX® process oils to improve the performance of polyurethane polymers used in plastics and resins, offering cost efficiency and enhancing a range of everyday products that are found all around us.Read more about Producers choose Nynas NYTEX® oils to boost polyurethane polymers