The earnings call reflected strong financial performance with record-breaking EBITDA and growth across major segments. Despite increased corporate costs and challenges with chlorine pricing, the company remains on track with its Vision 2030. Strategic acquisitions and a robust financial position contribute to a positive outlook.

Company Guidance

During the Chemtrade Logistics Income Fund's third-quarter 2025 conference call, the company provided updated guidance for the entire year. Chemtrade reported a record-high quarterly EBITDA and expects 2025 to be a record year, surpassing the 2023 adjusted EBITDA of $502.6 million. Key financial metrics highlighted include a 12% year-over-year increase in revenue and a 10% rise in EBITDA, with distributable cash after maintenance CapEx growing by 18%. Chemtrade's Sulphur and Water Chemicals segment saw a 19% revenue increase, while the Electrochemicals segment's EBITDA grew by 12% year-over-year. The company also discussed a sustainable payout ratio of 25% in Q3 and 32% on a trailing 12-month basis. Additionally, Chemtrade updated its assumptions for 2025, anticipating North American MECU sales volumes of 173,000, a MECU netback increase of CAD 70, and sodium chlorate volumes of 272,000 tonnes. The company maintains a strong balance sheet, with a net debt-to-EBITDA ratio of 1.8x and liquidity of approximately USD 484 million.

Record-Breaking EBITDA

Chemtrade Logistics delivered the highest quarterly EBITDA in its history with double-digit year-over-year growth in revenue and distributable cash. Revenue increased by 12% and EBITDA by 10%.

Strong Segment Performance

The Sulphur and Water Chemicals segment saw a 19% revenue growth, while the Electrochemicals segment had a 12% increase in EBITDA year-over-year.

Positive Distributable Cash Flow

Distributable cash after maintenance CapEx increased by 18%, and on a per unit basis, it increased 24% year-over-year.

Favorable Market Conditions

Strong demand in the Water Chemicals segment, particularly in municipal and industrial markets, with successful price adjustments to offset raw material costs.

Strategic Acquisitions

Integration of the Thatcher Group is progressing well, and the acquisition of Polytec for USD 150 million is expected to enhance Chemtrade's water treatment solutions.

Robust Financial Position

Chemtrade maintained a strong balance sheet with a net debt-to-EBITDA ratio of 1.8x and ample liquidity of approximately USD 484 million.

Vision 2030 Progress

Chemtrade is on track to achieve its Vision 2030 targets, aiming for mid-cycle EBITDA of $550 million to $600 million by 2030.

Chemtrade Logistics (TSE:CHE.UN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:CHE.UN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 24, 2026	2025 (Q4)	0.25 / -	0.34	―	―	―
Nov 11, 2025	2025 (Q3)	0.38 / 0.39	0.495	-21.62% (-0.11)	―	―
Aug 14, 2025	2025 (Q2)	0.31 / 0.09	0.12	-29.17% (-0.03)	―	―
May 12, 2025	2025 (Q1)	0.23 / 0.42	0.25	68.00% (+0.17)	―	―
Feb 28, 2025	2024 (Q4)	0.18 / 0.34	0.1	240.00% (+0.24)	―	―
Nov 14, 2024	2024 (Q3)	0.34 / 0.49	0.659	-24.89% (-0.16)	―	―
Aug 14, 2024	2024 (Q2)	0.17 / 0.12	0.726	-83.47% (-0.61)	―	―
May 15, 2024	2024 (Q1)	0.20 / 0.25	0.69	-63.77% (-0.44)	―	―
Feb 20, 2024	2023 (Q4)	0.14 / 0.10	-0.09	211.11% (+0.19)	―	―
Nov 14, 2023	2023 (Q3)	0.24 / 0.66	0.65	1.38% (<+0.01)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:CHE.UN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 11, 2025	C$14.41	C$15.12	+4.93%
Aug 14, 2025	C$10.93	C$12.03	+10.06%
May 12, 2025	C$9.56	C$10.36	+8.37%
Feb 28, 2025	C$9.36	C$9.91	+5.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Chemtrade Logistics (TSE:CHE.UN) report earnings?

Chemtrade Logistics (TSE:CHE.UN) is schdueled to report earning on Feb 24, 2026, After Close (Confirmed).

What is Chemtrade Logistics (TSE:CHE.UN) earnings time?

Chemtrade Logistics (TSE:CHE.UN) earnings time is at Feb 24, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:CHE.UN EPS forecast?

TSE:CHE.UN EPS forecast for the fiscal quarter 2025 (Q4) is 0.25.

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