Cost Savings Initiatives
Structural cost-saving initiatives delivered €29 million in Q2, bringing the 2025 savings to €55 million and €165 million in total since the beginning of 2024. The company expects to exceed an intermediary target of €200 million by the end of 2025.
Performance Chemicals Segment Resilience
The Performance Chemicals segment EBITDA was up 9% compared to Q2 2024, with the EBITDA margin increasing to 24% year-on-year, driven by resilient performance in silica and electronic applications.
Strong Free Cash Flow Management
Free cash flow to shareholders from continuing operations amounted to €54 million in Q2 2025, reaching €97 million for H1 2025, in line with the previous indication to generate approximately 1/3 of the annual free cash flow in the first half of the year.
Rare Earths Business Potential
Growing interest from customers in the newly opened La Rochelle production line dedicated to rare earth production for permanent magnets in France, with potential for further capacity growth if stakeholders align.