Kemira Downgrades its Profitability Outlook for 2026

Kemira downgrades its profitability outlook for 2026 due to the raw material and logistics cost increases caused by the prolonged war in Iran, which have had a larger negative impact on Kemira’s financial performance during the second quarter than previously expected. Kemira has mitigated the impact of the increased costs by implementing price increases, but the impact comes with a delay and has so far been less than previously estimated due to demand weakness in Kemira’s key customer industries.

Kemira now expects the revenue to be between EUR 2,600 and 3,000 million, and the operative EBITDA to be between EUR 400 and 500 million in 2026. Earlier, Kemira expected the revenue to be between EUR 2,600 million and EUR 3,000 million, and the operative EBITDA to be between EUR 470 and EUR 570 million. The assumptions behind Kemira’s outlook have also been updated.

Kemira’s updated outlook for 2026
Revenue: Kemira's revenue is expected to be between EUR 2,600 and EUR 3,000 million in 2026 (2025 revenue: EUR 2,753.5 million).
Operative EBITDA: Kemira's operative EBITDA is expected to be between EUR 400 and EUR 500 million in 2026 (2025 operative EBITDA: EUR 524.6 million)

Assumptions behind outlook (updated)
The demand in Kemira's end-markets remains weak due to continued global economic uncertainty and geopolitical tensions. The outlook assumes no significant further increases in raw material costs, including oil derivatives, and logistics costs. The outlook assumes no major disruptions to Kemira’s manufacturing operations or the supply chain and the US dollar to remain steady.