Kemira updates its outlook after a strong Q3 2020 and provides preliminary information on the quarter

Kemira Oyj, Inside Information, October 9, 2020 at 9.00 am (EEST)

Kemira updates its outlook after a strong Q3 2020 and provides preliminary information on the quarter

Kemira updates its outlook after strong Q3 2020 development. Based on preliminary and unaudited information, Kemira’s revenue was approximately EUR 597 million and operative EBITDA approximately EUR 113 million in Q3 2020. 

As a result, Kemira still expects its operative EBITDA in H2 2020 to be lower than in H1 2020 (H1 2020: EUR 214 million), but expects the full year 2020 operative EBITDA to increase from 2019 (2019: EUR 410 million). 

Kemira’s updated outlook 
Kemira expects its operative EBITDA in H2 2020 to be lower than in H1 2020 (H1 2020: EUR 214 million), but expects the full year 2020 operative EBITDA to increase from 2019 (2019: EUR 410 million).

Kemira’s previous outlook (published July 17, 2020):
Kemira expects its operative EBITDA in H2 2020 to be lower than in H1 2020 (H1 2020: EUR 214 million).

Kemira will publish its January-September 2020 Interim Report on Tuesday October 27, 2020 at around 08.30 a.m. (EET). 

Kemira observes a silent period prior to the release of its financial results. Kemira is now in its silent period, which will continue until the publication of Kemira’s Q3 2020 results on Tuesday October 27, 2020. 

For more information, please contact:

Kemira Oyj
Mikko Pohjala, Vice President, Investor Relations
Tel. +358 40 838 0709

Kemira is a global chemicals company serving customers in water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, oil & gas and water treatment. In 2019, Kemira had annual revenue of around EUR 2.7 billion and over 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. www.kemira.com