Syensqo SA/NV (SYENS.BR,SHBBF), a Belgium-based specialty materials and science company, reported a decrease in profit for the third quarter compared to last year.
On the Brussels Stock Exchange, shares were trading 3.56 percent higher at 70.48 euros.
The company's profit attributable to shareholders of the company was down 31.8 percent to 110 million euros from 162 million euros the last year.
For the three-month period, earnings per share were 1.08 euros, lower than 1.55 euros a year ago.
For the reported period, EBITDA was down by 12.8 percent to 326 million euros from 374 million euros.
In the third quarter, net sales were down by 7.1 percent to 1.52 billion euros from 1.63 billion euros the prior year.
Looking ahead to the full year 2025, Syensqo presented an outlook for underlying EBITDA of approximately 1.25 billion euros.
Further, the company reported that for the fourth quarter, it expects macroeconomic and demand weakness to continue across most of its end markets, given evolving tariff and geopolitical dynamics.
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