Perstorp Holding AB (Publ.) parent company for world leading specialty chemicals company Perstorp today announces its Year-end 2017 report.
Net sales, for continuing operations increased 17% to SEK 3,602 m (3,088). As in previous quarters during 2017, sales prices in the fourth quarter were higher than the corresponding quarter last year, linked to strengthened pricing and higher raw material prices for most product lines. Organic volume-based sales growth, for continuing operations was 6% year-on-year.
EBITDA excluding non-recurring items, for continuing operations amounted to SEK 485 m in the quarter compared to SEK 461 m in the corresponding period last year. EBITDA-margin excluding non-recurring items for continuing operations was 13.5% (14.9).
“The fourth quarter of 2017 has been satisfactory with continuous high growth in all three geographical areas. Perstorp sets a historical record with a full year EBITDA amounting to SEK 2,133 m. An important milestone has been reached! EBITDA for the fourth quarter amounted to SEK 485 m (461), the fifth quarter in row with improved year-on-year EBITDA”, Perstorp President & CEO Jan Secher comments.
Download full Year-end 2017 report here >>