Oil & Gas Market Recovery and Performance Update
Outlook for 2021 unchanged
OUTLOOK
REVENUE
Kemira's revenue in local currencies, excluding acquisitions
and divestments, is expected to increase from 2020 (EUR
2,427 million)
OPERATIVE EBITDA
Kemira's operative EBITDA is expected to be at the same or
at a slightly (less than 5%) lower level than in 2020 (EUR
435 million)
ASSUMPTIONS FOR 2021
.
.
COVID-19 pandemic continues to cause
uncertainty, but overall demand in Kemira's end
markets is expected to recover gradually from
2020 in line with forecasted economic growth:
•
•
Pulp & Paper: demand to remain solid in pulp
and packaging and board. Stabilization in
printing and writing demand possible when
COVID-19 situation normalizes.
Industry & Water: municipal water treatment to
remain solid, industrial water treatment to
recover from 2020. Shale market expected to
recover gradually during 2021, demand in oil
sands tailings to grow from 2020.
Outlook assumes no major disruption to Kemira's
manufacturing operations or supply chain
Currencies expected to have a negative impact
on operative EBITDA
Kemira
APRIL 27, 2021
INVESTOR PRESENTATION
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