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1/12/2021 - Stock exchange release

Kemira upgrades its 2020 outlook

Kemira Oyj, Inside information, January 12, 2021 at 9.00 am (EET)

Kemira upgrades its 2020 outlook

Kemira upgrades its 2020 outlook following good demand and cost management in Q4 2020.

Kemira’s upgraded outlook
Kemira expects its operative EBITDA in H2 2020 to be above H1 2020 (H1 2020: EUR 214 million), and expects the full year 2020 operative EBITDA to increase from 2019 (2019: EUR 410 million).

Previous outlook (published October 9, 2020)
Kemira expects its operative EBITDA in H2 2020 to be below H1 2020 (H1 2020: EUR 214 million), but expects the full year 2020 operative EBITDA to increase from 2019 (2019: EUR 410 million).

Kemira will publish its Financial Statements Bulletin 2020 on Thursday February 11, 2021 at around 08.30 a.m. (EET). In conjunction with the publication of the Financial Statements Bulletin, Kemira will provide an outlook for 2021. 

Kemira observes a silent period prior to the release of its financial results. Kemira is now in its silent period, which will continue until the publication of Kemira’s Financial Statements Bulletin 2020 on Thursday February 11, 2021. 

For more information, please contact:

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

Kemira is a global chemicals company serving customers in 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, oil & gas and water treatment. In 2019, Kemira had annual revenue of around EUR 2.7 billion and over 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. www.kemira.com

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