Interim report

January – March 2024

will be published on April 26, 2024 at 8:30 (EEST)

Kemira is a global leader in sustainable chemical solutions for water intensive industries. We have strong market positions in the two segments where we operate, Pulp & Paper and Industry & Water. With over 100 years of history and chemistry expertise, our products help our customers to improve their product quality, process and resource efficiency.

Kemira’s annual turnover in 2023 was around EUR 3.4 billion with over 50% of revenue coming from products that enable better resource-efficiency for our customers. With a solid track record in profitability improvement, we are increasing focus on profitable growth in the future. Sustainability is the cornerstone of Kemira’s strategy and biobased products will play an important role in Kemira’s future growth.

Q4/2023 Key figures (EUR million)

Revenue 808.8
 Operative EBITDA 162.7
 Operative EBITDA, % 20.1%
 Operative EBIT, % 13.9%
OPERATIVE EBITDA FY 2023:

19.7%

FY2022: 16.0%

REVENUE FY 2023:

€3.4 B

FY2022: EUR 3.6 BILLION

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Reports

Kemira's Annual Report 2023

The report consists of Annual Review, Sustainability Report, Corporate Governance Statement and Financial Statements.

February 2, 2024

Kemira completes the divestment of its Oil & Gas related portfolio

Kemira has completed the divestment of its Oil & Gas related portfolio to Sterling Specialty Chemicals LLC. The divestment of the Oil & Gas business will clarify our focus on sustainability and our strategic priorities: expand in water, build a leading renewables portfolio and digital services business. The total consideration on a cash and debt-free basis amounts to approximately USD 280 million, around EUR 260 million with today’s exchange rate, subject to ordinary closing adjustments.

FY 2023 result

Record profitability in 2023; entering a new year with a focused business portfolio

Mikko Pohjala, Head of Investor Relations of Kemira commenting briefly on Kemira’s FY 2023 results.

See also Reports and presentations

Kemira as an investment

Kemira’s exposure to water

Kemira serves water-intensive industries, and our solutions help make more clean, safe water available to everyone. Every year, 20 Bm3 of water is treated with the help of Kemira’s chemistry – an amount which is comparable to the annual water consumption of over 370 million people.

Investor contacts

Mikko Pohjala.

Mikko Pohjala

Vice President, Investor Relations
Helsinki, Finland