Kemira, a leading industrial chemical company, reported a decrease in net sales during the October-December period. This decline was attributed to lower selling prices of energy-intensive pulp and bleaching chemicals. Despite this, Kemira’s operating profit decreased by just 9 percent to EUR 113 million. However, the loss related to the sale of the oil and gas business reduced the actual operating profit to EUR 1.3 million.
For the full year, Kemira’s operating EBITDA increased by a significant 17 percent compared to the previous year, reaching EUR 667 million. The company also reported record profitability last year, with a turnover of EUR 3.38 billion and an operating profit of EUR 463 million.
In light of its strong financial performance, Kemira has proposed a dividend payment of EUR 0.68 per share for shareholders.