Kemira upgrades its 2022 outlook for operative EBITDA

Kemira Oyj, Inside information, June 8, 2022 at 3.00 pm (EEST)

Kemira upgrades its 2022 outlook for operative EBITDA

Kemira upgrades its 2022 outlook for operative EBITDA. Kemira’s end-market demand has continued to be good. Strong inflationary pressures have continued, but Kemira has been successful in mitigating the impact from higher input costs.

Kemira’s upgraded outlook
Revenue: Kemira's revenue in local currencies, excluding acquisitions and divestments, is expected to increase from 2021 (EUR 2,674.4 million).
Operative EBITDA: Kemira's operative EBITDA is expected to increase from 2021 (EUR 425.5 million).

Assumptions behind outlook (specified)
Kemira’s end-market demand in both segments is expected to be good in 2022. The outlook assumes no major disruptions to Kemira’s manufacturing operations or further significant supply chain disruptions. The outlook also assumes normal energy availability in Europe. Inflationary pressures are expected to remain strong in 2022.

Previous outlook (published February 11, 2022):
Revenue: Kemira's revenue in local currencies, excluding acquisitions and divestments, is expected to increase from 2021 (EUR 2,674.4 million).
Operative EBITDA: Kemira's operative EBITDA is expected to be within a +/- 5% range of the operative EBITDA in 2021 (EUR 425.5 million).

Assumptions behind previous outlook
Market uncertainty increased during the first quarter of 2022 due to the war in Ukraine, the COVID-19 pandemic, particularly in China, and the inflationary environment. Despite the uncertainty, Kemira’s end-market demand in both segments is expected to be good in 2022. The outlook assumes no major disruptions to Kemira’s manufacturing operations or further significant supply chain disruptions either due to the war in Ukraine or due to the COVID-19 pandemic. The outlook assumes normal energy availability in Europe. Inflationary pressures have been accelerated by the war in Ukraine and they are expected to remain strong in 2022.

Kemira will publish its Half-year financial report for January-June 2022 on Friday July 15, 2022 at around 08.30 am (EEST).

For more information, please contact:

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

Kemira is a global leader in sustainable chemical solutions for 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, water treatment and energy industry. In 2021, Kemira had annual revenue of around EUR 2.7 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.
www.kemira.com