Perstorp Annual Report Shows Significant Sales Growth in 2017
MALMÖ, Sweden — In 2017, Perstorp showed a sales increase of 23% to SEK 13,592 million and reached volume-based sales growth of 10%. The company also reports that EBITDA excluding non-recurring items increased by 20% to a record high of SEK 2,133 million. A successful refinancing of the balance sheet in the third quarter of last year, amounting to €230 million, also gave the company lower interest rates on the floating rate notes.
The company reports that demand was solid across all three main regions — America, Europe and Asia — despite some geopolitical uncertainty. Perstorp’s continued focus on proactive pricing also enabled margin improvement.