MALMO, Sweden — Perstorp Holding AB, parent company for specialty chemicals company Perstorp, recently announced its 2021 second-quarter results. The company recorded net sales of SEK 3,273 million (approximately $383 million) in the second quarter of 2021, compared to SEK 2,079 million (approximately $243 million) in the second quarter of 2020, which represents a 57% increase. Organic growth was 65% and EBITDA excluding non-recurring items amounted to SEK 595 million (approximately $70 million) compared to SEK 265 million (approximately $31 million) in the second quarter of 2020, with an EBITDA margin of 18.2% (12.7% in second quarter of 2020). Free cash flow generation continued to be solid and amounted to SEK 409 million (approximately $48 million), compared to SEK 323 million (approximately $38 million) in 2020, and available funds amounted to SEK 2,406 million (approximately $281 million) at the end of the period.
“Perstorp has built a robust foundation to grow on, and with the passion, drive and agility of our organization and people, and I am confident we will develop our business in line with our new strategy,” said Perstorp President & CEO Jan Secher.
Learn more about Perstorp at www.perstorp.com.