Q2 Interim report 2018 now available
Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q2 2018 Interim report.
Net sales, from continuing operations increased by 20% to SEK 3,949 m (3,288). Sales prices were higher than the corresponding quarter last year mainly linked to higher raw material prices for most product lines. Organic volume-based sales growth, from continuing operations was 5% year-on-year.
EBITDA excluding non-recurring items, from continuing operations amounted to SEK 623 m in the second quarter compared to SEK 502 m in the corresponding period last year. The increase was mainly attributable to higher volumes and positive exchange rate effects. EBITDA margin excluding non-recurring items for continuing operations was 15.8% (15.3). Excluding BioProducts, the EBITDA margin was 17.2% (17.7).
“The second quarter 2018 was characterized by a continued solid demand across all three regions, EMEA, Americas and APAC, balanced by a more normalized market supply situation compared to last year”, says Perstorp President & CEO Jan Secher.