Synthomer
Logotype for Synthomer plc

Synthomer (SYNT) investor relations material

Synthomer H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Synthomer plc
H2 2025 earnings summary30 Apr, 2026

Executive summary

  • Delivered improved margins and robust trading performance in 2025 despite lower end-market demand and global tariff changes, with results in line with prior guidance and positive free cash flow.

  • Strategic focus on specialty products, cost savings, and portfolio simplification drove resilience and operational progress, supported by ongoing transformation towards specialty chemicals.

  • Refinanced bank facilities, extending maturities to 2029 and resetting covenants, ensuring financial stability.

  • Divestment program broadened, with four active processes and the divestment of William Blythe to accelerate deleveraging and focus on core specialty businesses.

  • Q1 2026 trading showed improving momentum, with robust volume and margin outlook for Q2 and potential upside risks for the year.

Financial highlights

  • Group revenue for continuing business down 9.9% year-over-year to GBP 1.74 billion; volume down 7.2%.

  • EBITDA reduced by 4.5% to GBP 137 million, but EBITDA margin expanded by 40 bps to 7.8% due to cost efficiencies; gross margin up 200 bps.

  • Underlying operating profit at GBP 37.6 million, down 21%; underlying loss per share worsened to GBP 0.372, mainly due to tax asset derecognition.

  • Net debt at GBP 575 million, GBP 22 million lower year-on-year; leverage at 4.7x, within covenant limits; positive free cash flow achieved.

  • GBP 30 million in operating cost savings achieved in 2025, with further GBP 20–25 million targeted for 2026.

Outlook and guidance

  • Expect robust improvement in volumes and margins in Q2 2026, with upside risks if current trading conditions persist.

  • Full-year 2026 guidance unchanged, with self-help actions and specialty focus expected to drive year-on-year progress.

  • Free cash flow for 2026 expected to be broadly neutral after adjusting for one-time receivables transaction.

  • Dividend remains suspended until leverage falls below 2.5x.

  • Wage inflation and bonus accrual normalization expected to partially offset gains.

Iran conflict impact on competitive advantage
Scale and timing of active divestment processes
Covenant structure and liquidity test details
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Synthomer earnings date

Logotype for Synthomer plc
H1 20265 Aug, 2026
Synthomer
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Synthomer earnings date

Logotype for Synthomer plc
H1 20265 Aug, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage