We obtain €4 million of ebitda in 1H 2025

• In the first half of 2025, Ercros achieved a contribution of EUR 109 million, an adjusted ebitda of EUR 4.1 million, and recorded losses of EUR 29 million.
• Like other chemical companies in Europe, Ercros has been severely affected by persistently weak demand, high energy costs, and intense competition from non-EU countries. The ongoing tariff war initiated by the US is also hindering the recovery of economic activity in Europe.
• The European Commission, for its part, has designed an action plan for the European chemical industry that could support the sector’s recovery; however, the regulatory developments stemming from this plan remain unknown, making it difficult at this stage to assess its potential impact.
• Meanwhile, high energy prices continue to undermine Europe’s competitiveness compared to the US and Asia.
• Faced with this adverse phase of the cycle, Ercros has initiated a thorough review of expenses and revenues, aiming to reduce the former and increase the latter as much as possible. On the other hand, Ercros maintains a solid financial position, with EUR 96 million in liquidity.
• The takeover bids launched by Bondalti Ibérica, S.L.U. and Esseco Industrial, S.P.A. for Ercros are ongoing.
• There is a broad consensus among industry publications that the demand in the European chemical sector will gradually recover from 2026 onwards, although this is contingent on a reasonable resolution of the current tariff conflict and the implementation of the European chemical industry support plan.
• In any case, Ercros will continue to implement the 3D Plan to further the digitalisation of its operations, the decarbonisation of its activities, and the diversification and expansion of its product portfolio. At the same time, it will maintain its presence in the markets in which it operates, seize opportunities to defend its margins, and continue carrying out actions to reduce costs and improve competitiveness. 
   

Profit and loss account for the first half of 2025 y 2024