April 7 (Reuters) - Swiss nylon maker EMS Chemie reported a 6.7% drop in its first-quarter sales on Tuesday, which it said was negatively affected by the strengthening of the Swiss franc. The polymer
EMS Chemie Sees First-Quarter Sales Drop 6.7% Due to Swiss Franc Strength
First-Quarter Results and Outlook
April 7 (Reuters) - Swiss nylon maker EMS Chemie reported a 6.7% drop in its first-quarter sales on Tuesday, which it said was negatively affected by the strengthening of the Swiss franc.
The polymer and speciality chemicals maker's results provide a sneak peek into what to expect from bigger chemical companies across Europe, most of which report their quarterly results later this month.
Key Financial Highlights
Q1 Net Sales
Q1 net sales fell to 487 million Swiss francs ($609million) from 522 million francs in 2025
2026 Outlook
Net Sales
2026 outlook: net sales below last year's level due to currency effects
Net Operating Income (EBIT)
2026 outlook: net operating income, or EBIT, seen slightly above 2025
Operational Impacts
Business Relations and Costs
EMS has no business relations in the Middle East, but significantly higher energy, freight and raw material costs will lead to price hikes for customers
EBIT Reporting
The company does not report EBIT for Q1 or Q3
(Reporting by Anastasiia Kozlova in Gdansk, editing by Milla Nissi-Prussak)
