- Revenue decreased by 5% in Q3 2025 to EUR 687.7 million.
- Kemira acquired Water Engineering, Inc. to expand industrial water treatment services.
- A reactivation plant for activated carbon in Helsingborg, Sweden, is set to be operational by H2 2027.
- Partnership with CuspAI focuses on PFAS removal from water.
Financial Performance
In Q3 2025, Kemira's revenue decreased by 5% to EUR 687.7 million, with a 3% decline in local currencies excluding acquisitions and divestments. Operative EBITDA fell by 7% to EUR 137.3 million, maintaining a margin of 20.0%. The Water Solutions unit showed resilience with a 23.1% EBITDA margin, while Packaging & Hygiene Solutions improved to 13.6% and Fiber Essentials declined to 24.1%.
January-September 2025 Overview
For the first nine months of 2025, revenue dropped by 4% to EUR 2,089.9 million, with a 3% decrease in local currencies. Operative EBITDA decreased by 9% to EUR 404.6 million, primarily due to lower sales prices and currency impacts. The Oil & Gas divestment, completed in February 2024, affected the comparison figures.
Strategic Developments
Kemira acquired Water Engineering, Inc., a US-based industrial water treatment services company, to enhance its Water Solutions business. The acquisition aims to expand Kemira's expertise in boiler and cooling tower water treatment formulations. Additionally, Kemira partnered with CuspAI to accelerate material discovery, focusing on PFAS removal from water.
Future Plans
Kemira plans to build a reactivation plant for activated carbon at its Helsingborg site in Sweden, expected to be operational in the second half of 2027. The company maintains its 2025 revenue outlook between EUR 2,700 million and EUR 2,950 million, with operative EBITDA projected between EUR 510 million and EUR 580 million, despite ongoing market challenges.
