Finland's Kemira Q2 operative EBITDA falls 15% on cost inflation

Kemira Oyj

17/07/2026 06:40

Overview
Finland-based sustainable chemistry firm's Q2 revenue stable
Operative EBITDA fell 15% yr/yr as cost inflation and lower prices weighed on margins
Company cut over 130 jobs in Q2, expects EUR 15 mln in annualized cost savings

Outlook
Kemira expects 2026 revenue between EUR 2,600 mln and EUR 3,000 mln
Company sees 2026 operative EBITDA between EUR 400 mln and EUR 500 mln
Kemira says weak demand and cost inflation to weigh on results in 2026

Result Drivers
COST INFLATION - Profitability was hurt by increased raw material and logistics costs, mainly due to the Iran war
LOWER PRICES - Sales prices decreased year-on-year, weighing on margins
ACQUISITIONS - Revenue was stable mainly due to acquisitions, offsetting declines in organic sales

Company press release: ID:nWkr33JnF7

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 693 mln
 
Q2 EPS
 
EUR 0.23
 
Q2 Net Income
 
EUR 37 mln
 
Q2 Operative EBITDA
 
EUR 111.70 mln
 
Q2 EBIT
 
EUR 55.50 mln
 
Q2 EBITDA
 
EUR 109.30 mln
 
Q2 Operative EBIT
 
EUR 57.90 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 €18.00, about 7.1% above its July 16 closing price of €16.80
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.)