September 26, 2016 3:02 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Nynas AB

Company Overview

Nynas AB (Publ), through its subsidiaries, produces and markets specialty oil products in the Nordic region, rest of Europe, the Americas, and internationally. The company offers naphthenic specialty oils, such as transformer oils for insulation and cooling of power and distribution transformers; oils for manufacturing various types of synthetic rubber and compounds to make car tires; oils for chemical and technical applications, including adhesives and printing inks; and base oils as a component in cutting fluids for metal-working, hydraulic oils, greases, and other industrial lubricants. It also provides bitumen binders for use in asphalt applications in construction and maintenance of mot...

Lindetorpsvägen 7

Johanneshov,  121 63

Sweden

Founded in 1928

1,010 Employees

Phone:

46 86 02 12 00

Key Executives for Nynas AB

Chief Executive Officer and President
Age: 58
Chief Financial Officer
Age: 58
Managing Director of Denmark and Managing Director of Norway
Director of Communications
Age: 55
Director of Human Resources
Age: 59
Compensation as of Fiscal Year 2016.

Nynas AB Key Developments

Nynas AB Announces Consolidated and Parent Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Nynas AB announced consolidated and parent earnings results for the second quarter and six months ended June 30, 2016. For the quarter, on consolidated basis, the company’s net sales were SEK 3,318 million compared to SEK 4,907 million a year ago. Operating loss was SEK 6 million compared to profit of SEK 162 million a year ago. Net loss before tax was SEK 76 million compared to profit of SEK 74 million a year ago. Net loss for the period was SEK 64 million compared to income of SEK 47 million a year ago. Cash flow used in operating activities was SEK 286 million compared to cash from operating activities SEK 385 million a year ago. Acquisition of intangible assets was SEK 1 million compared to SEK 8 million a year ago. Acquisition of tangible fixed assets was SEK 235 million compared to SEK 393 million a year ago. Net debt was SEK 4,454 million against SEK 4,025 million a year ago. Operating result before depreciation (EBITDA) was SEK 111 million compared to SEK 260 million a year ago. For the six months, on consolidated basis, the company’s net sales were SEK 5,528 million compared to SEK 8,115 million a year ago. Operating results was SEK 186 million compared to SEK 73 million a year ago. Net income before tax was SEK 52 million compared to loss of SEK 84 million a year ago. Net income for the period was SEK 32 million compared to loss of SEK 63 million a year ago. Cash used in operating activities was SEK 836 million compared to SEK 385 million a year ago. Acquisition of intangible assets was SEK 2 million compared to SEK 10 million a year ago. Acquisition of tangible fixed assets was SEK 712 million compared to SEK 604 million a year ago. Net debt was SEK 4,758 million against SEK 4,454 million a year ago. Operating result before depreciation (EBITDA) was SEK 424 million compared to SEK 274 million a year ago. For the quarter, on parent basis, net sales were SEK 2,887 million compared to SEK 4,230 million a year ago. Operating loss was SEK 33 million compared to SEK 107 million a year ago. Net loss before tax was SEK 134 million compared to SEK 66 million a year ago. Net loss for the year was SEK 92 million compared to SEK 32 million a year ago. For the six months, on parent basis, net sales were SEK 4,806 million compared to SEK 6,905 million a year ago. Operating results was SEK 69 million compared to loss of SEK 295 million a year ago. Net loss before tax was SEK 26 million compared to SEK 400 million a year ago. Net profit for the year was SEK 4 million compared to loss of SEK 292 million a year ago.

Nynas AB to Report First Half, 2016 Results on Aug 26, 2016

Nynas AB announced that they will report first half, 2016 results on Aug 26, 2016

Nynas AB to Report Fiscal Year 2015 Results on May 24, 2016

Nynas AB announced that they will report fiscal year 2015 results on May 24, 2016

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