28 November 2016
Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q3 2016 Interim report.
Net sales amounted to SEK 2,834 m during the period July to September 2016, an increase of SEK 56 m or 2%. Volumes increased c. 17% compared to last year following decent general demand, successful introduction of our Valerox-related products and lower comparisons in the third quarter last year due to the triennial scheduled maintenance shutdown in Stenungsund. Organic volume-based sales growth was 14% in the third quarter. Sales prices were 12% lower than last year, primarily attributable to the lower raw material prices, but to some extent also a more competitive market sentiment for some product lines.
“In the present market environment the underlying demand continues to be generally stable and we put a quarter of strong performance behind us. A solid demand has helped to drive up the organic volume growth by 14% compared to the third quarter last year across all three Business Areas and all regions”, President & CEO Jan Secher states.
Full interim report available here>>