Nexam Chemical Holding AB (publ) Interim Report 1 January – 31 March 2022
04/21/2022
Stability in an otherwise turbulent world
First quarter at a glance
Significant events:
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Growth by 3 percent in the quarter, Performance Masterbatch, + 21%, and Performance Chemicals, – 14%, compared to the corresponding quarter in 2021.
Received the Nasdaq Green Equity Designation.
Investment of SEK 20 million started in a new production line in Lomma.
Received a commercial order to Japan for production of semiconductors, which is estimated to amount to SEK 2.5 million during the year.
Started the construction of an innovation centre in Lomma.
Dane Momcilovic recruited as business manager for the PET foam business area.
Financials:
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Net sales during quarter amounted to SEK 53,913,000 (52,506,000).
The operating profit before depreciation (EBITDA) for the quarter was SEK 1,690,000 (2,090,000).
In comparison to the beginning of the year, cash and cash equivalents amounted to SEK 64,192,000 (63,601,000).
Cash flow from the operating activities during the quarter amounted to SEK 5,404,000 (3,600,000).
Earnings per share amounted to SEK -0.02 (0.00) for the quarter.
Lomma 21 April 2022
The Board of Directors
These financial statements haven’t been reviewed by the Company´s auditor.
Conference call:
Nexam Chemical presents interim report for Q1 2022 on April the 21st at 11:00 CET.
The presentation will be held in Swedish via a conference call or audio webcast at https://financialhearings.com/event/43340
Phone number for the conference:
Sweden: +46 8 5055 8366
UK: +44 33 3300 9032
US: +164 6722 4903
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.
For further information please contact:
Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@nexamchemical.com
Certified Adviser:
FNCA Sweden AB, +46-(0)8 528 00 399, info@fnca.se
This information is information that Nexam Chemical Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 21st of April 2022.