Perstorp Interim report Q2 2017 now available
Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q2 2017 Interim report.
Net sales, for continuing operations, increased 24% to SEK 3,288 m (2,654). As in first quarter of 2017, sales prices were higher than the corresponding quarter last year driven by strengthened pricing in specific product lines and higher raw material prices. Organic volume-based sales growth, for continuing operations, was 7% year-on-year.
EBITDA excluding non-recurring items, for continuing operations, amounted to SEK 502 m in the second quarter compared to SEK 409 m in the corresponding period last year. The increase was attributable to both higher sales volumes and higher unit margins for most of the product lines but also positive FX-effects.
“The second quarter of 2017 saw a continuous positive trend on the back of high demand in all three geographical markets. Demand for the majority of our products remained strong during the second quarter, where the year-on-year organic volume-based sales growth was 6.7% vs. the second quarter in 2016 (7.4% excluding BioProducts)”, says President & CEO Jan Secher.