PET foam additives should support sales in Q1
We expect Nexam to deliver Q1 sales of SEK 59m, up 9% y-o-y, with a gross profit of SEK 25m. We expect Performance Chemicals to see sales of 27m, mainly driven by PET foam additive sales. Moreover, we foresee a gross margin of 42% (42%) and adj. EBITDA of SEK 2m (2m) with a margin of 4% (3%). Finally, we expect a net profit of SEK -1m (-1m).