Kemira Oyj Stock Earnings Reports

Kemira reported Q3 results with a 5% year‑on‑year revenue decline (3% organic) driven by weaker end‑markets across Packaging & Hygiene, Fiber Essentials and industrial water; a significant FX headwind from a weaker USD also contributed. Despite softer volumes, the company preserved strong profitability, delivering ~20% operative EBITDA margin overall and 23.1% in Water Solutions, helped by price stability, cost containment and favorable mix in PHS. Management emphasized continued strategic investment: acquisition of Water Engineering (pro‑forma revenue > USD 60m; purchase price ~USD 150m) to enter industrial water services, investments in PFAS/micropollutant capabilities (activated carbon reactivation site in Helsingborg, UK asset), and progress on a joint venture with IFF for bio‑based polymers (now expected in 2028 vs earlier guidance of end‑2027). A profitability improvement / operating‑model program in Packaging & Hygiene Solutions is underway with expected visible effects in 2027. Balance sheet remains strong, net debt stable, and a share buyback (up to EUR 100m / 5m shares) is nearly complete (~EUR 40m repurchased in Q3). Management kept its outlook unchanged but reiterated the need to focus on volumes, operational excellence and M&A to reach long‑term targets (organic growth >4% p.a., operative EBITDA 18–21%, ROCE >16%).