Kemira Investor Presentation slide image

Kemira Investor Presentation

Outlook for 2023 (upgraded on April 13, 2023) OUTLOOK REVENUE Kemira's revenue is expected to be between EUR 3,200 and EUR 3,700 million (2022: EUR 3,569.6 million). OPERATIVE EBITDA Kemira's operative EBITDA is expected to be between EUR 550 and EUR 650 million in 2023 (2022: EUR 571.6 million). • . ASSUMPTIONS FOR 2023 We expect demand in Kemira's end-markets to be resilient despite the significant uncertainty related to the global macroeconomic environment, energy prices, and the development of the war in Ukraine. Overall, Kemira's end-market demand (in volumes) is expected to decline somewhat. Demand in the oil & gas market is expected to grow. Variable costs overall are expected to decline, while electricity prices are expected to remain above long-term average in Europe. Market prices for caustic soda are expected to moderate during 2023. The outlook assumes no major disruptions to Kemira's manufacturing operations, supply chain, or Kemira's energy-generating assets in Finland • Foreign exchange rates are expected to remain at approximately current levels. • The outlook is based on Kemira's current portfolio, including the Oil & Gas business Kemira APRIL 25, 2023 INVESTOR PRESENTATION 71
View entire presentation