Nynas reports third quarter 2016
In the third quarter, sales volumes for naphthenic specialty oils and bitumen increased with 2 percent compared to last year. Net sales for the second quarter were SEK 3,813 million (4,992) as a consequence of primarily lower oil price levels and a weaker British pound.THIRD QUARTER SUMMARY · Net sales decreased to SEK 3,813 million (4,992), as a consequence of lower crude oil prices and a weaker British pound. · Operating result before depreciation (EBITDA) amounted to SEK 541 million (726). · Net income amounted to SEK 178 million (409). · Harburg North side distillation