Nynas news

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 Annual Report 2017

Nynas AB today published the Annual Report 2017. It is available in the Investor relations section and a printed version is available on request.

Read more about Nynas Annual Report 2017

NYNAS REPORTS FIRST QUARTER 2018

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 reports fourth quarter and full year results 2017

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