Driving Sustainable Economies
Revenue has a seasonal pattern
GROUP REVENUE DEVELOPMENT
1,000
900
800
690
700
610 617 622
637
648
670 662
648
664
658 642
614
600
0
COVID-19
impact
606
583 597 606
972 968
906
861
840 829
768
718
693
658
Q1/17Q2/17Q3/17Q4/17Q1/18Q2/18Q3/18Q4/18Q1/19Q2/19Q3/19Q4/19Q1/2002/2003/2004/20Q1/21Q2/21Q3/21Q4/21Q1/22Q2/22Q3/22Q4/22Q1/23Q2/23Q3/23
PULP & PAPER REVENUE DEVELOPMENT
600
500
400
372 369 363 373 369 376 385 390 381 373 383 386 379
0
357 352
556
537
488
505
447
420
421
370 370 378 391
404
Q1/17Q2/17Q3/17Q4/17Q1/18Q2/18Q3/18Q4/18Q1/19Q2/19Q3/19Q4/19Q1/2002/2003/2004/20Q1/21Q2/21Q3/21Q4/21Q1/22Q2/22Q3/22Q4/22Q1/23Q2/23Q3/23
INDUSTRY & WATER REVENUE DEVELOPMENT
500
435
400
412 402
419 425
374
300
238
248 259
264
272 284
245
271 267
290 307
322
272 264
301 298
279
226
244 236 237
0
Q1/17Q2/17Q3/17Q4/17Q1/18Q2/18Q3/18Q4/18Q1/19Q2/19Q3/19Q4/19Q1/20Q2/20Q3/20Q4/20Q1/21Q2/21Q3/21Q4/21Q1/22Q2/22Q3/22Q4/22Q1/23Q2/23Q3/23
Kemira
OCTOBER 24, 2023
INVESTOR PRESENTATION
.
Revenue typically Q2
and Q3 weighted
2020 exception due to
COVID-19 pandemic
Revenue typically
Q4 weighted
Q2 and Q3 typically
strongest revenue
quarters
Oil & Gas activity
highest during
summer
Water treatment
some Q3 seasonality
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