Kemira Oyj updates its earning guidance for year 2024. For the year the company expects revenue is expected to be between EUR 2,800 million and EUR 3,200 million in 2024 (reported 2023 revenue: EUR 3,383.7 million) compared to previous guidance revenue was expected to be between EUR 2,700 million and EUR 3,200 million in 2024 (reported 2023 revenue: EUR 3,383.7 million). Kemira?s end-market demand (in volumes) is expected to grow in 2024 following expected gradual demand recovery in the pulp and paper market.

The water treatment market is also expected to grow in 2024. Input costs are expected to remain rather stable during the year. 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 for 2024 includes the Oil & Gas business until February 2, 2024, the closing date of the divestment transaction.