Perstorp Interim report Q3 2016 now available
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>>