Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q1 2018 Interim report.
Net sales, for continuing operations, increased 8% to SEK 3,680 m (3,413). Sales prices in Q1 continued to be higher than the corresponding quarter last year linked to higher raw material prices and improved pricing. Organic volume-based sales growth was, excluding BioProducts, flat year-on-year.
EBITDA excluding non-recurring items, for continuing operations amounted to SEK 607 m in the first quarter compared to SEK 571 m in the corresponding period last year. EBITDA-margin excluding non-recurring items for continuing operations was 16.5% (16.7).
“The market conditions remained solid in the first quarter of 2018 and Perstorp has demonstrated another strong result. EBITDA excluding non-recurring items for the first quarter amounted to SEK 607 m (571), which is on a record-high level and the sixth quarter in row with improved year-on-year EBITDA”, says Perstorp President & CEO Jan Secher.
Download full Q1 report here >>