Welcome to Investor Relations
Preem AB is wholly owned by Corral Petroleum Holdings AB. We account for 80 percent of the Swedish refinery capacity and 30 percent of the Nordic refinery capacity. About 18 million cubic meter of crude oil are refined every year at our two wholly owned refineries Preemraff Göteborg and Preemraff Lysekil. We refine and sell gasoline, diesel, heating oil and renewable fuels to companies and consumers in Sweden and abroad.
Q1 2019 Q1 2019
Comparative Q1/2019 vs Q1/2018
Satisfactory result despite challenging refining margin. Sales revenues with a slight increase of 3% due to FX effect. Adjusted EBITDA acceptable result from positive effect and lower SG&A costs. Throughput down 10% and weakened refining margin due to production disruptions. Cash flow from operations increased partly due to push up on price of crude oil.