Finland's Kemira Q1 revenue slightly misses estimates on market softness & FX

Kemira Oyj

24/04/2026 06:40

Overview

Finland chemicals supplier's Q1 revenue fell 4%, slightly missing analyst expectations

Operative EBITDA and operative EBIT declined and missed analyst estimates

Company reiterated 2026 revenue and EBITDA outlook amid continued market uncertainty

Outlook

Kemira sees 2026 revenue between EUR 2,600 mln and EUR 3,000 mln

Company expects 2026 operative EBITDA between EUR 470 mln and EUR 570 mln

Kemira says market volatility and geopolitical tensions continue to weigh on demand

Result Drivers

MARKET SOFTNESS & FX - Co said Q1 revenue decline was mainly driven by market softness and negative FX impact

LOWER SALES PRICES - Sales prices declined year-on-year, while volumes remained stable; pricing was cited as the main driver of lower profitability

HIGHER COSTS & GEOPOLITICAL UNCERTAINTY - Co said increased costs and the war in Iran contributed to margin pressure and market volatility

Company press release: ID:nWkr8w6FKV

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
EUR 677.30 mln
EUR 682.50 mln (4 Analysts)
Q1 EPS
EUR 0.29
Q1 Net Income
EUR 45.50 mln
Q1 Operative EBITDA
Miss
EUR 117.30 mln
EUR 126.33 mln (3 Analysts)
Q1 Operative EBIT
Miss
EUR 65.40 mln
EUR 74.67 mln (3 Analysts)
Q1 EBIT
EUR 65.70 mln
Q1 EBITDA
EUR 117.70 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the diversified chemicals peer group is "buy."

Wall Street's median 12-month price target for Kemira Oyj is €22.50, about 17.4% above its April 23 closing price of €19.16

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)