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.
Kemira 30 years as a listed company
In November 2024, it is exactly 30 years since Kemira was listed at Nasdaq Helsinki. The official date of our listing was November 10, 1994.
Today, Kemira looks very different compared to our early days, with water and renewable solutions at the heart of our strategy. In fact, water is expected to be the key contributor for revenue growth going forward, and our new long-term ambition is to double revenue in water.
Kemira was invited to ring the bell at Nasdaq Helsinki to open the trading day on November 11, 2024. In the picture (from the left): Petri Castrén (CFO), Antti Salminen (President & CEO), Annika Paasikivi (Vice Chair, Board of Directors) and Matti Kähkönen (Chair, Board of Directors).
Kemira’s growth strategy
Kemira described its updated growth strategy and financial targets at the Capital Markets Day, which was held on September 26, 2024.
To learn more about Kemira’s business and the plans going forward, see the material below.
President and CEO Antti Salminen explains the growth strategy also in a new video, which is a paid collaboration with Nordnet. The video can be viewed here (only in Finnish).
Q3/2024 Key figures (EUR million)
| Revenue | 727.6 |
| Operative EBITDA | 147.4 |
| Operative EBITDA, % | 20.3% |
| Operative EBIT, % | 13.9% |
OPERATIVE EBITDA FY 2023:
19.7%
FY2022: 16.0%
REVENUE FY 2023:
€3.4 B
FY2022: EUR 3.6 BILLION
January–September 2024 Interim Report
Organic revenue growth with continued strong margin performance
What were the highlights during the third quarter? Learn from the video where Mikko Pohjala, Vice President, Investor Relations of Kemira comments briefly on Kemira’s Q3 results – interviewed by Heidi Lehmuskumpu, IR Manager.
Watch a recording of the webcast
See also Reports and presentations
Kemira’s new operating model and Leadership Team as of January 1, 2025
Kemira plans to move to a new operating model and organization to better enable profitable growth. Water is expected to be the key contributor for Kemira's revenue growth going forward with a long-term ambition to double the revenue in water. The planned changes aim to increase customer centricity, strategic focus and speed of delivery and to accelerate growth and shareholder value creation. As part of these plans, Kemira moves to three externally reported business units as of 2025: Water Solutions, Packaging & Hygiene Solutions and Fiber Essentials.
Kemira's Annual Report 2023
The report consists of Annual Review, Sustainability Report, Corporate Governance Statement and Financial Statements.
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.
Growth drivers
Water and renewable solutions are at the heart of Kemira. Water is expected to be the key contributor for revenue growth going forward and our new long-term ambition is to double the revenue in water. While we aim to accelerate growth in these areas, we continue to take excellent care of our base business.
Investor contacts
Mikko Pohjala
