Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q1 2019 Interim report.
Net sales, from continuing operations, increased with 4.5% to SEK 3,218 m (3,079). Sales prices in the first quarter were higher than the corresponding quarter last year due to both positive currency effects and improved pricing for some product lines. Organic volume-based sales growth was 0% year-on-year.
EBITDA excluding non-recurring items, from continuing operations amounted to SEK 475 m in the first quarter compared to SEK 511 m in the corresponding period last year. The financial result in the first quarter was negatively impacted by an unplanned shutdown in Stenungsund at the end December 2018 by approximately SEK 20 m. EBITDA margin excluding non-recurring items for continuing operations was 14.8% (16.6).