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Nynas sales volumes increased for Bitumen and Naphthenics combined by 6 percent. Oil prices were 50 percent lower explaining Nynas’ net sales decrease to SEK 4,992 million (7,019) for the third quarter of 2015.
"Bitumen sales were strong in all countries and Naphthenics sales grew overall despite the slowdown of economic growth in Asia and volume losses in Brazil as well as in Russia and Ukraine for known reasons," commented Gert Wendroth, President and CEO of Nynas AB.
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Communications Director Nynas AB
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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).Read more about NYNAS REPORTS FIRST QUARTER 2018
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