KEMIRANasdaq HelsinkiChemicalsIFRS · EUR

Kemira Oyj

Kemira is a global leader in sustainable chemical solutions, specializing in water treatment and fiber-based industries. The company provides tailored products and services that enhance the quality, processes, and resource efficiency of its clients' operations. With a strong focus on water treatment, fiber business, and renewable solutions, Kemira supports industries with high water usage in their transition towards sustainability. In 2024, Kemira reported a revenue of EUR 2.9 billion and employed approximately 4,700 people, with its shares listed on Nasdaq Helsinki.

Revenue2,754m EUR
−6.6 %y/y
Operating profit (EBIT)274m EUR
−24.5 %y/y
EBIT margin10.0%
−2.4 ppy/y
Net income194m EUR
−26.1 %y/y
Free cash flow366m EUR
+15.4 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

01,0002,0003,0004,000m EUR2021: 2,674 m EUR2021: EBIT 170 m EUR20212022: 3,570 m EUR2022: EBIT 348 m EUR20222023: 3,384 m EUR2023: EBIT 336 m EUR20232024: 2,948 m EUR2024: EBIT 363 m EUR20242025: 2,754 m EUR2025: EBIT 274 m EUR2025TTM 2026: 2,722 m EURTTM2,722
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Water Solutions45 %

Innovative solutions for optimizing water treatment processes.

Packaging & Hygiene Solutions35 %

Chemistry for fiber-based materials supporting circular economy.

Fiber Essentials20 %

Chemical solutions for the pulp and paper industry.

Customers

Kemira serves a diverse range of customers, primarily in industries with high water usage. Its customer base includes municipal water treatment facilities, industrial clients in various sectors, and companies in the pulp and paper industry. The demand for Kemira's products is driven by the need for efficient water treatment solutions and sustainable practices. The company collaborates closely with its clients to develop customized solutions that meet specific requirements for quality, efficiency, and sustainability.

Municipal Water Treatment

Buy water treatment chemicals to meet regulatory compliance and efficiency.

Industrial Water Treatment

Require tailored solutions for efficient water management.

Pulp and Paper Industry

Use fiber-based chemical solutions for improved product quality.

Strategy

Kemira's strategic priorities focus on expanding its water treatment business and enhancing sustainability across its operations. The company aims to double its water-related revenue through organic growth and strategic acquisitions. Kemira is committed to innovation, developing new products that align with market trends and customer needs. The company also emphasizes operational efficiency and cost control to maintain profitability in challenging market conditions.

Expand Water Treatment BusinessLong term

To capture growth opportunities and increase market share.

Enhance SustainabilityMedium term

To meet increasing demand for sustainable solutions.

Focus on InnovationMedium term

To differentiate products and drive growth.

Geography

Q4/2025

Kemira operates globally, with a significant presence in EMEA, the Americas, and APAC regions. The company generates 43% of its revenue from EMEA, 36% from the Americas, and 21% from APAC. Its strategic geographic diversification helps mitigate risks associated with regional market fluctuations. Kemira's manufacturing and operational facilities are distributed worldwide, supporting its global customer base and ensuring efficient delivery of products and services.

Europe, Middle East and Africa54 %
Americas37 %
Asia Pacific9.0 %

Share of the revenue the company reports by geography.

Risks

Kemira faces several risks, including fluctuations in raw material prices, changes in customer demand, and geopolitical uncertainties. The company is exposed to risks related to the availability and cost of raw materials, which can impact profitability if not managed effectively. Additionally, shifts in customer preferences towards more sustainable products may affect demand for certain chemicals. Kemira's operations in China are subject to legal and regulatory risks, as evidenced by an adverse court ruling related to its joint venture. The company actively manages these risks through strategic sourcing, monitoring market trends, and maintaining a diversified customer base.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Legal and Regulatory Risks in China1Raw Material Price Fluctuations2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Legal and Regulatory Risks in ChinaImpact: CriticalLikelihood: Medium

    Adverse court ruling affecting joint venture operations.

  2. Raw Material Price FluctuationsImpact: HighLikelihood: Medium

    Can impact profitability if costs cannot be passed to customers.

Accounting

Judgemental items
Revenue Recognition

Seasonal fluctuations affect quarterly comparability.

Hedging Accounting

Manages currency and commodity price risks.

Provisions for Legal Matters

Ongoing appeal in China affects financial estimates.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026