Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Q3 2019 Interim report.
Net sales decreased with 5% to SEK 2,895 (3,037) m. Excluding currency effects, sales prices in the third quarter were lower than the corresponding quarter last year in all regions. The decrease was due to a combination of lower raw materials, weakening market conditions and increased competition.
Organic volume-based sales growth was +2% year-on-year. Adjusted for the maintenance turnaround in Stenungsund in the third quarter 2018, organic volume based sales growth was -5%.
EBITDA excluding non-recurring items amounted to SEK 439 (417) m. EBITDA-margin excluding non-recurring items was 15.2% (13.7).