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KEMIRA Kemira Oyj News Story

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Kemira tracks best day in 8 months on resilient Q3 profitability

** Shares in Kemira KEMIRA.HE rise 4% after it posted Q3 earnings broadly in line with market expectations and said it had maintained good profitability in a weakened market environment

** The Finnish chemical company's Q3 operative EBITDA was EUR 137.3 million ($160.1 million) vs Vara consensus of EUR 136.3 million

** That corresponds to a "very good" operating margin of 20.0%, Finnish research firm Inderes says

** "Profitability declined less than we had expected compared to the reference period. This is an impressive performance, considering the pressure on the top line," Inderes adds

** The Kemira stock is the top performer on the Helsinki blue-chip index .OMXH25 and on track for its best day since February 13 if the gains hold

($1 = 0.8575 euros)

(Reporting by Elviira Luoma)

((Elviira.luom@thomsonreuters.com))

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