Kemira shares fall as soft market hits Q1 profitability

Kemira Oyj

24/04/2026 08:59

** Shares in Kemira KEMIRA.HE fall around 6%, paring losses after falling as much as 7.4%, after the Finnish chemicals maker's Q1 results missed expectations, hit by weaker profitability in a soft market and currency headwinds

** The company's Q1 revenue slipped 4% year-on-year to EUR 677.3 million ($791.22 million), below analyst estimate of EUR 682.5 million

** Its Q1 operating EBITDA dropped 13% to EUR 117.7 million, with a margin of 17.3%

** "Price-driven profitability pressure was significant", Inderes said, flagging weak margins, adding revenue declines reflected lower prices and currency effects

** Kemira reiterated its 2026 guidance, but warned that demand in its end-markets has weakened due to global economic uncertainty and rising geopolitical tensions

** Inderes said forecasts around the midpoint of guidance face downward pressure

** Separately, Kemira said it plans to start change negotiations that could lead to up to 150 job cuts globally, targeting annual savings of about 15 million euros

($1 = 0.8560 euros)

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))