Kemira's outlook hike sends shares to fresh record high
** Shares in Kemira KEMIRA.HE rise 5% as the Finnish chemicals company hikes its full-year outlook flagging continued recovery in its end-markets, strong performance in Pulp & Paper and Industry & Water segments
** Kemira now expects its revenue to be between EUR 2,800 and 3,200 million in 2024, compared to theprevious view of betweenEUR 2,700 and EUR 3,200 million
** It now sees operative EBITDA between EUR 540 and 640 million in 2024 versus the earlier expectation of between EUR 480 and EUR 580 million
** The stock, up about 40% year to date, reaches its highest everand tops Helsinki all-share index .OMXHPI
Reporting by Elviira Luoma
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