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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: email@example.com Tel.: +46 (0)708 93 19 75
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