Investor Presentaiton
Strong profitability despite clearly lower volumes
Q4/2020
REVENUE AND ORGANIC GROWTH (Y-ON-Y)
EUR million
658
--2%
606
-2%
-4%
0%
Organic revenue growth -4% in Q4 2020, -7%
in 2020
•
Q4 2020 revenue declined due to lower sales volumes and
prices. Revenue declined particularly in shale and printing
and writing
Organic revenue growth trend improved towards year-end
Operative EBITDA margin improved to 17.8%
in Q4 2020, 17.9% in 2020
•
Q4 2019 Sales volumes Sales prices Currency
impact
Acquisitions &
divestments
Q4 2020
Operative EBITDA improved despite lower revenue.
Favorable variable cost development and good fixed cost
management. Efficiencies from investments in China and
the Netherlands contributed positively to EBITDA.
OPERATIVE EBITDA BRIDGE
EUR million
90
29
-14
29
6
108
Q4 2019
Sales volumes
Kemira FEBRUARY 11, 2021
Sales prices
INVESTOR PRESENTATION
Variable costs
Fixed costs
Curency impact
Other
Q4 2020
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