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Kurs & Likviditet
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Material |
| Industri | Plast, kemikalier & fetter |
2020-02-14 08:00:00
106 percent sales growth for NEXAMITE® and NEXIMID® during the year
- Sales growth continues, +8% compared to the corresponding quarter in 2018.
- The NEXAMITE® and NEXIMID®-based range, Performance Chemicals, in strong growth. + 36% compared to the corresponding quarter of 2018, the growth mainly attributable to products intended for PET foam manufacturing. The growth for Performance Chemicals for the full year 2019 was + 106%.
- Sales in the color and additive masterbatch, Performance Masterbatch, were -7% compared to the corresponding quarter of 2018. For the full year 2019, sales in the area decreased by 3% percent.
- The large order intake for Performance Chemicals resulted in stressed material flows, which had a negative impact on profitability and cash flow during the quarter
- Net sales during quarter amounted to SEK 32,024,000 (29,547,000) and for the full year SEK 130,057,000 (109,835,00).
- Profit before depreciation (EBITDA) for the quarter was SEK - 2,814,000 (- 894,000) and for the full year - 5,576,000 (- 5,757,000).
- In comparison to the beginning of the year, cash and cash equivalents amounted to SEK 23,101,000 (53,705,000).
- Cash flow from the operating activities during the quarter amounted to SEK - 8,631,000 (- 4,203,000) and for the full year SEK - 21,277,000 (- 12,887,000).
- Earnings per share before and after dilution amounted to SEK - 0.09 (- 0.05) for the quarter and for the full year SEK -0,25 (-0,25).
- The Board proposes no dividend for the year 2019.
Key events after the end of the period
The Board of Directors of Nexam Chemicals Holding AB has decided that a new share issue will take place during the spring 2020
Lomma 14 February 2020
The Board of Directors
These financial statements have been reviewed by the Company's auditor.
Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.