Nexam Chemical Holding AB (publ) Year-End Report 1 January – 31 December 2023
Increased sales and doubled EBITDAFourth quarter at a glance Significant events during the quarter: · Sales decreased by 9% compared to the corresponding quarter in 2023, while the gross margin increased from 39% to 44%. Sequentially, revenue increased by 10% compared to the third quarter of 2023. · EBITDA increased sequentially by 105% compared to the third quarter of 2023. · The cost savings program is running according to plan and will have full effect during the first quarter of 2024. · Performance Masterbatch's sales was at the same level as the corresponding quarter