Oil, Gas and Consumable Fuels
Company Overview of Nynas AB
Nynas AB (Publ), through its subsidiaries, produces and markets specialty oil products in the Nordic region, the United Kingdom, rest of Europe, North America, and internationally. It offers naphthenic specialty oils, including transformer oils for insulating and cooling power and distribution transformers; process oils for use in the manufacture of industrial rubber, printing inks, adhesives, and thermoplastics; base oils for metalworking, hydraulic oils, greases, and other industrial lubricants; and tire oils for use in making car tires. The company also provides bitumen binders for motorways, runways, bridges, and other applications, as well as roofing felt and pipes. In addition, it offe...
Johanneshov, 121 63
Founded in 1928
Key Executives for Nynas AB
Chief Executive Officer and President
Chief Financial Officer and Chairman of Hedging Committee
Managing Director and Country Sales Manager of Norway
Head of Sales West - Sweden
Head of Marketing Communications - Bitumen
Compensation as of Fiscal Year 2014.
Nynas AB Key Developments
Nynas AB Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 29 14
Nynas AB announced consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s net sales were SEK 6,364 million compared to SEK 5,398 million a year ago. Operating results was SEK 292 million compared to SEK 33 million a year ago. Profit before tax was SEK 205 million compared to loss before tax of SEK 9 million a year ago. Profit for the period was SEK 141 million compared to loss for the period of SEK 5 million a year ago. Cash used in operating activities was SEK 122 million compared to SEK 592 million a year ago. Acquisition of tangible fixed assets was SEK 94 million compared to SEK 46 million a year ago. Operating result before depreciation (EBITDA) was SEK 289 million compared to SEK 132 million a year ago.
For the six months, the company’s net sales were SEK 10,491 million compared to SEK 8,312 million a year ago. Operating results was SEK 254 million compared to operating loss of SEK 124 million a year ago. Profit before tax was SEK 106 million compared to loss before tax of SEK 226 million a year ago. Profit for the period was SEK 50 million compared to loss for the period of SEK 157 million a year ago. Cash used in operating activities was SEK 434 million compared to SEK 1,167 million a year ago. Acquisition of intangible assets was SEK 2 million compared to SEK 1 million a year ago. Acquisition of tangible fixed assets was SEK 254 million compared to SEK 97 million a year ago. Operating result before depreciation (EBITDA) was SEK 476 million compared to SEK 63 million a year ago.
Nynas AB Announces Board Changes
Sep 24 12
Nynas AB announced that Dr. Valentina Serra Holm has been appointed Marketing Director for Nynas Naphthenics business. Valentina succeeds Jean-Marie Toullat who will take on a role as Senior Advisor at Nynas. Valentina takes on the responsibility with vast experience from the specialty oil market. Valentina has the knowledge and the proven drive to take Nynas further.
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