Kemira Oyj, Interim Report, October 26, 2021 at 8.30 am (EEST)

Kemira Oyj’s Interim Report January-September 2021: Record quarterly revenue

This is a summary of the January-September 2021 Interim Report. The complete Interim Report with tables is attached to this release and available at https://www.kemira.com/company/investors/.  

Third quarter:

•   Revenue increased by 16% to EUR 692.7 million (596.7). Revenue in local currencies, excluding acquisitions and divestments, increased by 16% as sales volumes and sales prices increased. 

•   Operative EBITDA increased by 3% to EUR 115.9 million (113.0) following higher sales prices and sales volumes. The operative EBITDA margin decreased to 16.7% (18.9%) due to clearly higher raw material prices. EBITDA was EUR 109.5 million (109.8). The differences between operative and reported figures are explained by items affecting comparability, which were mainly related to restructuring costs. 

•   Operative EBIT increased by 3% to EUR 64.5 million (62.3). EBIT decreased by 5% to EUR 56.4 million (59.1).