|
|
 |
|
October 28, 2010
Perstorp Interim report 1 January – 30 September now available
Specialty chemicals company Perstorp reports a period that has been characterized by good demand for various products, but also by a negative result impact on the back of the stronger Swedish krona. The specialty polyol HoltacTM, that allows lead to be phased out as a stabilizer in PVC plastics, was launched during the period.
The world market continued to perform well in the third quarter, and the Perstorp Group has seen very positive development in volume terms over the year. Sales rose by 16% to SEK 11,033 m (compared with SEK 9,488 m for the equivalent period last year), which can be entirely explained by volume increases. The currency effect was -10%, but this was offset by higher price levels.
The operating profit before depreciation and amortization was SEK 1,277 m, compared with SEK 755 m for the comparable period last year. This profit increase is also a result of greater volumes. Growth in the third quarter has been held back by the weakening US dollar and production disruptions with suppliers.
During the period decision has been taken to invest in capacity expansion for HDI and its derivatives. The focus on market segmentation and innovative solutions continues. The specialty polyol HoltacTM was launched and will contribute to the phasing out of lead in PVC, helping it to be implemented by 2015.
The Perstorp Interim report 1 January - 31 March 2010 can be downloaded >> and ordered >> in printed copies.
|
|
|
|
