'A step forward': Syensqo shares jump after Q1 profit beat

Syensqo NV

15/05/2026 08:25

**  Shares in Syensqo SYEN.BR rise 5.2%, paring gains after rising as much as 11.8%,  after the specialty chemicals maker posted a Q1 core profit beat

** "We see 1Q26 as a step forward for Syensqo," says Bernstein

** Group posted underlying earnings before interest, taxes, depreciation and amortisation of 251 million euros ($292.01 million), down 13.1% yoy organically but above the average of 239 million euros expected by analysts

** "We would consider it a decent quality beat as well, driven by better-than-feared EBITDA margins in the two main operating divisions," adds the broker

** Syensqo maintained its 2026 Underlying EBITDA and Operating cash flow guidance, but dropped capex guidance to 450 million euros from under 500 million euros previously

** Bernstein says capex guidance cut is evidence of management's ambitions to do more with less

** Up to the previous session's close, shares were down 14.2%​ YTD - LSEG data

($1 = 0.8595 euros)

 (Reporting by Dimitri Rhodes in Gdansk)

 ((dimitri.rhodes@thomsonreuters.com))