Perstorp Interim report Q2 2016 now available

Cecilia Svensson
Cecilia Svensson
VP Group Communications & Sustainability
+46 40 635 88 30
Investor Relations
24 August 2016

Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q2 2016 Interim report.

Net sales decreased 9% to SEK 2,730 m (2,991). The lower price on Brent Dated has pushed down the prices on many oil-related raw materials, which have had a negative effect on general sales prices. Prices have also to some extent been negatively affected by a more competitive market sentiment for some product lines. Despite lower sales prices, margins have remained on a healthy level for the main part of our businesses.

Organic volume-based sales growth was 5% year-on-year. Improved volumes in the majority of our core businesses was partly offset by lower volumes in our BioProducts business. Excluding the BioProducts business, organic volume-based sales growth was 6% year-on-year.

“Demand continued to hold steady through the second quarter of 2016. Organic volume-based sales growth during the second quarter was 5% vs. the same period last year. From a regional point of view, both the Americas and APAC showed strong growth numbers while Europe was flat. During the second quarter we have concluded a number of minor scheduled maintenance shutdowns. The objectives with the shutdowns have been completed without any incidents, on time and budget”, President & CEO Jan Secher states in the report.

Find the full interim report here>>

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