MALMÖ, SWEDEN (23 April 2015) - Leading chemicals company Perstorp announces that it will be hosting a Capital Markets Day in London, UK on 30 April 2015 and in conjunction with this day will also be releasing its 2015 Q1 financials. The presentation will be hosted by Perstorp's senior management team Jan Secher (CEO) and Magnus Heimburg (CFO), and will cover a number of recent positive company developments.
Following the successful start-up of the Valerox plant, Perstorp’s major Oxo investment, the operational improvements and financial benefits resulting from the new business and operating model announced in early 2014 and the appointment of a new management team, including Magnus Heimburg as the new Chief Financial Officer, Perstorp is taking the opportunity to update its investor base in person.
“I am very pleased with the improvements in the business and the completion of our significant strategic investment program, which is paving way for a period of strong cash flow generation and de-leveraging. This new chapter for Perstorp offers exciting opportunities to continue the positive development of the business", said Jan Secher.
The Capital Markets Day will be held at Goldman Sachs’ London Office, located at River Court, 120 Fleet Street, London EC4A 2BE on Thursday, 30 April 2015 at 2.00pm BST / 3.00pm CET/ 9.00am ET. To RSVP to the event, please contact Katy Wallington at Goldman Sachs ([email protected]). Dial-in details and materials will be posted on the Perstorp’s investor relations website ahead of the day.
For additional information about this press release please contact:
Executive Vice President & Chief Financial Officer
Phone: +46 40 635 8806
Send an email to Magnus Heimburg>>
Head of Investor Relations
Phone: +46 435 387 04
Send an email to John Ekström>>
Certain statements in this announcement are forward-looking. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions which could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These include, among other factors, changing economic, business or other market conditions, changing political conditions and the prospects for growth anticipated by management. These and other factors could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.