Q4'22 expectations
We expect Nexam to deliver Q4 sales of SEK 62m, up 8% y-o-y, with a gross profit of SEK 26m. We believe the key sales driver will be Performance Chemicals, for which we expect sales of SEK 34m, mainly driven by PET foam additive sales. We expect a gross margin of 42% (36%) and EBITDA of SEK 0m (1m) with a margin of 0.5% (2%). Finally, we expect a net profit of SEK -4m (-2m).
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