Kemira Oyj (KMRAF.PK) on Wednesday said it has lowered its 2026 profitability outlook, citing higher raw material and logistics costs resulting from the prolonged war in Iran and weaker-than-expected demand in its key customer industries.
Kemira now expects full-year operative EBITDA to be between 400 million euros and 500 million euros, down from its earlier forecast range of 470 million euros to 570 million euros.
However, the chemicals company maintained its revenue outlook of between 2.6 billion euros and 3 billion euros.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.