News from Nynas

10/11/2017 08:00

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.

"The third quarter was disappointing for Nynas with financial performance below expectations and previous year even though sales continued to develop positively," commented Gert Wendroth, President and CEO of Nynas AB.

Third quarter summary

  • Total product sales volumes increased by 10 per cent compared to the third quarter 2016.
  • Net sales increased to SEK 4,538 million (3,813), as a consequence of higher oil prices and higher sales volumes compared to the third quarter of 2016.
  • Operating result before depreciation (EBITDA) amounted to SEK 311 million (541), negatively impacted by a weaker USD and sourcing limitations primarily in the Americas.
  • Inventory volume unchanged but value increased due to 14 per cent higher oil price levels.

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 Q3 2017

Further reading

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

Nynas publishes bond prospectus and applies for listing of its corporate bonds

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

Nynas Annual Report 2016

Nynas AB today published the 2016 Annual Report. It is available in the Investor relations section and a printed version is available on request.

Read more about Nynas Annual Report 2016