Kemira’s financial targets and outlook for 2025
Financial targets and historical figures
Kemira updated its long-term financial targets on September 25, 2024 to reflect profitable growth ambitions and structurally higher margin profile. Read more here.
| Targets | 2022 | 2023 | 2024 |
| Average annual organic growth over 4% | +27% | -2% | +1% |
| Operative EBITDA* 18–21% | 16.5% | 20.6% | 20.0% |
| Operative ROCE* over 16% | 16.2% | 22.4% | 20.6% |
*The figures for operative EBITDA for the years 2022-2024 and the figure for operative ROCE for the years 2023 and 2024 have been adjusted figures after the Oil & Gas divestment.
Read more: Debt Information
Outlook for 2025 (unchanged, published on April 25, 2025)
Revenue:
Kemira’s revenue is expected to be between EUR 2,800 and EUR 3,200 million in 2025 (reported 2024 revenue: EUR 2,948.1 million).
Operative EBITDA:
Kemira’s operative EBITDA is expected to be between EUR 540 and EUR 640 million in 2025 (reported 2024 operative EBITDA: EUR 585.4 million)
Assumptions behind the outlook (specified):
The increased global economic uncertainty is expected to result in softer volume demand in Kemira’s end-markets. The uncertainty is expected to impact the packaging market in particular, while the water treatment market is expected to grow in all regions. In a weaker macroeconomic setting, the raw material environment is expected to remain rather stable as a whole. The outlook assumes no major disruptions to Kemira’s manufacturing operations, to the supply chain or to Kemira’s energy-generating assets in Finland. The outlook assumes some weakening of the US dollar compared to year-end rate.
Previous assumptions behind the outlook (published on February 11, 2025):
Kemira’s end-market demand (in volumes) is expected to grow slightly during the year. The water treatment market is expected to grow in all regions. Both the pulp and the packaging and hygiene markets are expected to start to recover. Input costs are expected to be stable or to increase slightly. The outlook assumes no major disruptions to Kemira’s manufacturing operations, to the supply chain or to Kemira’s energy-generating assets in Finland. Foreign exchange rates are expected to remain at approximately current levels.