Driving Sustainable Economies
Financial highlights of Q3 2023
•
Revenue declined from high comparison
period
•
Decline driven by lower sales volumes and
lower sales prices for energy-intensive pulp and
bleaching chemicals
Organic revenue growth -9% in Q3 2023;
Revenue
EUR million
(except ratios)
Q3 Q3 A%
2023 2022
1-9 1-9
2023 2022
A%
FY
2022
828.7
Operative EBITDA
160.3 152.5 +5%
971.9 -15% 2,574.8 2,601.3
504.0 394.6 +28% 571.6
-1% 3,569.6
+2% in 1-9 2023
of which margin
19.3% 15.7%
19.6% 15.2%
16.0%
•
Sequential volume improvement in both
segments
Operative EBIT
107.6 99.5
+8% 350.4 238.1 +47%
361.6
Strong operative EBITDA in Q3 2023
of which margin
13.0% 10.2%
-
13.6% 9.2%
10.1%
Operative EBITDA margin at the strong level of Net profit
19.3%, both y/y and sequential improvement
75.2 60.3 +25% 238.4 149.4 +60%
239.7
EPS diluted, EUR
0.46
0.38
+23%
1.48 0.93 +59% 1.50
Record margin in Industry & Water, solid
performance in Pulp & Paper despite weak
market
Very strong cash flow from operations
Earnings per share EUR 0.46 in Q3 2023;
EUR 1.48 in 1-9 2023
Kemira
OCTOBER 24, 2023
INVESTOR PRESENTATION
Cash flow from
operating activities
173.1
114.8 +51%
412.7
145.4 +183%
400.3
60
00View entire presentation