EMS-CHEMIE
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EMS-CHEMIE (EMSN) investor relations material

EMS-CHEMIE Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary6 Feb, 2026

Executive summary

  • Achieved net sales of CHF 1,950 million in 2025, with net operating income (EBIT) of CHF 567 million, both above the previous year despite a strong Swiss Franc and global economic challenges.

  • Growth driven by a global sales offensive, innovation in high-margin specialties, and strong business development in Asia.

  • Maintained profitability and increased margins through cost discipline, proactive planning, and expansion in growth markets like China, India, and Brazil.

Financial highlights

  • Net sales decreased by 5.8% year-over-year, mainly due to currency effects, but EBIT rose by 5.2% to CHF 567 million.

  • EBITDA increased by 5.2% to CHF 622 million, with EBITDA margin improving to 31.9% from 28.6% year-over-year.

  • Net income grew 1.2% to CHF 467 million, and earnings per share reached CHF 19.95.

  • Cash flow from operating activities rose to CHF 534 million, and equity ratio improved to 83.3%.

Outlook and guidance

  • Expects a challenging 2026 with continued geopolitical and currency headwinds.

  • Forecasts net sales below previous year due to currency effects, but anticipates EBIT slightly above previous year.

  • Will continue to focus on growth with specialties, innovation, and global development partnerships.

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Frequently asked questions

EMS-CHEMIE HOLDING AG, based in Switzerland, is a prominent manufacturer and supplier of high-performance polymers and specialty chemicals. The company's operations are structured into two primary segments: High Performance Polymers and Specialty Chemicals. The High Performance Polymers segment is notable for its EMS-GRIVORY division, which specializes in the production of high-performance polyamides, offering a wide range of polyamide materials. EMS-EFTEC, another division within this segment, focuses on the supply of adhesives, sealants, and coatings, including application engineering systems, catering to the global automotive industry. The Specialty Chemicals segment encompasses EMS-PATVAG, known for its expertise in airbag igniters, and EMS-GRILTECH, which produces and markets fibers, adhesives, and various chemical products including Grilon, Nexylon, and Nexylene fibers, Griltex hotmelt adhesives, Grilbond adhesion promoters, Primid crosslinkers for powder-coatings, and Grilonit reactive diluents. EMS-CHEMIE HOLDING AG serves a diverse range of industries, including automotive, electro and electronics, industry and consumer goods, optics, and packaging. The company is headquartered in Herrliberg, Zurich, Switzerland, and its shares are listed on the SIX Swiss Exchange.

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