Syensqo posts Q4 profit miss on lagging polymers unit
26/02/2026 06:16
Feb 26 (Reuters) - Belgian chemicals group Syensqo SYENS.BR reported fourth-quarter core earnings below market expectations on Thursday, impacted by its struggling specialty polymers unit. The group said its underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) was 238 million euros ($281 million) in the quarter, below the previous year and missing analysts' average forecast of 266 million euros in a company-compiled consensus. "The year-on-year decrease was primarily due to lower volumes in the electronics and pricing in the automotive end markets," the company said in a statement. ($1 = 0.8462 euros) (Reporting by Dimitri Rhodes in Gdansk) ((Dimitri.Rhodes@thomsonreuters.com;))