Kemira tracks worst day in 17 years as profit miss, demand slowdown spook investors

Kemira Oyj

25/04/2025 08:44

** Kemira KEMIRA.HE shares slide 14% down after the Finnish chemical solutions maker delivered Q1 earnings below expectations and signalled a weakening demand in its end-markets

** Kemira's Q1 operative EBITDA fell 15% year-on-year to EUR 135.5 million ($153.81 million), while the consensus cited by Inderes saw it at EUR 144 million

** The company reiterated its financial outlook for 2025 but adjusted downwards the assumptions behind the forecast

** It now expects softer volume demand in its end-markets compared to the previous view of a slight growth

** "I believe the earnings were a disappointment compared to consensus and additionally they brought down the expectations regarding the markets volume growth for this year, so I guess these factors spooked the market," Inderes analyst Petri Gostowski said

** Kemira said it expects the increased global economic uncertainty to impact the packaging market in particular, but added it still sees the water treatment market growing in all regions, and expects the raw materials to remain stable

** The stock, on track for its worst day since January 2008, if losses hold, is the weakest performer on STOXX 600 .STOXX index

($1 = 0.8810 euros)

 (Reporting by Agata Rybska)

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