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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
For further information, please contact:
Hans Östlin, Communications Director Nynas AB
Tel.: +46 (0)708 93 19 75
Head of Secondary Distribution since 2011, Rogier oversees and coordinates transport-related (when the product ends up on wheels) issues across the globe with suppliers, naphthenic affiliates and customers. He joined Nynas in 2005 as General Manager Naphthenics Benelux, after having worked for 20 years at a major French oil company. Rogier holds a Master’s degree in Business Management, and has also studied Mechanical Engineering. Find out what's on his mind.Read more about The brains of Nynas: Rogier van Hoof
The world’s third most widely used synthetic plastic polymer, polyvinyl chloride (PVC), is used in a large variety of construction materials as well as in many other applications such as bottles, packaging and inflatables. By using Nynas naphthenic oils as an external lubricant additive in PVC, the material’s performance is significantly improved.Read more about A versatile material