Kemira stock trades at EUR 17.45 as battery pilot advances

Published on 09/29/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kemira stock was trading at EUR 17.45 on September 29, 2026, up 0.40 percent versus the prior close. Q2 revenue reached EUR 693.0 million.

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Kemira stock (ISIN FI0009004824) was trading at EUR 17.45 at Lang & Schwarz on September 29, 2026 at 3:00 p.m. CEST, up 0.40 percent from the prior close of EUR 17.38. The company is moving its battery-materials strategy from laboratory work toward customer testing after starting iron phosphate pilot operations in Helsingborg.

Battery pilot reaches testing stage

According to Kemira on September 8, 2026, the Helsingborg facility began pilot production of iron phosphate, a precursor used in lithium iron phosphate batteries for electric vehicles and energy storage.

The pilot enables larger material volumes for customer testing, product qualification and process development. Kemira said it will evaluate commercial-scale investment after successful qualifications and further validation, keeping the project tied to customer acceptance rather than immediate capacity expansion.

Q2 margin shows the pressure

On its investor page, Kemira reports Q2 2026 revenue of EUR 693.0 million and operative EBITDA of EUR 111.7 million. The operative EBITDA margin was 16.1 percent, while the company said revenue stayed at the previous year's level and profitability was affected by raw-material and logistics costs.

That combination gives the stock a two-part investment narrative: the pilot offers a new growth option, while the latest operating figures show why execution and margin recovery remain central. The Q2 revenue figure was also listed at EUR 693.0 million for Q2 2025 in the period comparison published by Affärsvärlden.

Analyst target exceeds market price

MarketScreener lists a HOLD consensus from six analysts and an average target price of EUR 18.95. That target lies 8.60 percent above the Lang & Schwarz price of EUR 17.45, placing the battery-materials project alongside a measured valuation gap rather than a fully priced-in expansion case.

Stock stays below yearly high

Kemira was trading at EUR 17.45 at Lang & Schwarz on September 29, 2026 at 3:00 p.m. CEST, compared with a prior close of EUR 17.38 and a daily change of plus 0.40 percent. The 52-week range was EUR 15.29 to EUR 21.46, while market capitalization stood at EUR 2.5 billion on the same date.