Kemira upgrades its outlook for 2024, particularly for operative EBITDA. Kemira’s end-markets have continued to recover, and Kemira’s strong performance in both segments has continued.
Kemira now expects the revenue to be between Euro 2,800 and 3,200 million, and the operative EBITDA to be between Euro 540 and 640 million in 2024. Earlier, Kemira expected the revenue to be between Euro 2,700 and Euro 3,200 million, and the operative EBITDA to be between Euro 480 and Euro 580 million. The assumptions behind Kemira’s outlook have also been updated.
Kemira’s end-market demand (in volumes) is expected to grow in 2024 following expected gradual demand recovery in the pulp and paper market. The water treatment market is also expected to grow in 2024. Input costs are expected to remain rather stable during the year. The outlook assumes no major disruptions to Kemira’s manufacturing operations, supply chain or Kemira’s energy-generating assets in Finland. Foreign exchange rates are expected to remain at approximately current levels.
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