Ercros reports EUR 12 million loss in the first quarter of 2025
- In the first quarter of 2025, Ercros posted a contribution of EUR 53 million, an adjusted ebitda of EUR 0.3 million, and a loss of EUR 12 million.
- These results are the consequence of persistently weak demand, higher energy costs, and strong international competition. The current tariff war launched by the US is not helping to improve European economic activity, as evidenced by the downward revision of the growth rate for 2025 recently forecast by the IMF. High energy prices, meanwhile, continue to compromise Europe's competitiveness compared to the US and Asia.
- Ercros maintains a solid financial position, with EUR 92 million in liquidity.
- The takeover bids for Ercros by Bondalti Ibérica, S.L.U. and Esseco Industrial, S.P.A. are ongoing.
- The general consensus among specialized publications predicts a gradual recovery in demand from the European chemical industry starting in 2026, albeit subject to a reasonable resolution of the current tariff crisis.
- In any case, Ercros will continue implementing the 3D Plan to advance the digitalization of its operations, the decarbonization of its activities, and the diversification and expansion of its product portfolio. It will also maintain its presence in the markets in which it operates and take advantage of opportunities to defend its margins.
Icome statements for the 2025 and 2024 first quarters
Ercros guarantees that the relevant facts contained on this page correspond exactly to those sent by the Company to the CNMV, and disseminated by it to the market. The facts prior to those included in this section are available on the CNMV website.
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