AquaBlue, Inc. is a U.S.-based company specializing in industrial water and wastewater treatment services.
Headquartered in Ohio, it serves customers in sectors such as food and beverage, manufacturing, and healthcare.
Q1 revenue and margins fell due to weak demand, pricing and FX; volumes stable. Operative EBITDA down; operating cash flow improved. Outlook unchanged; cost and pricing measures accelerated.
Revenue and EBITDA declined due to market softness. Strategic acquisitions and cost efficiency measures were implemented. Dividend increase and share buyback program proposed.
The acquisition boosts Kemira's North American presence in industrial water treatment, integrating AquaBlue's expertise with Kemira's technologies.
