Statement of the results for the fiscal year 2025

Financial information
Barcelona

Ercros earns EUR 8 million in ebitda and records losses of EUR 54 million

  • Ercros, like other chemical companies in Europe, continues to be negatively affected by persistently weak demand, high energy costs, and strong competition from non-EU countries. In addition, the tariff war initiated by the United States has increased the presence of Asian products in Europe, further hindering the recovery of European economic activity.
  • As long as the current oversupply situation persists, volumes, prices, and margins will continue to be under strong pressure.
  • The objectives set out in Ercros’ cost reduction and revenue increase plan (CRP) are being met as scheduled.
  • Although the benefits of the Action plan for the European chemical industry designed by the European Commission (EC) are not yet being perceived.
  • Despite the losses, Ercros has reduced its net financial debt by EUR 8.6 million in 2025 and has a solid financial position, with EUR 99 million in liquidity.
  • On February 10, the Spanish Securities Market Commission (CNMV, in its Spanish abbreviation) approved Bondalti Ibérica S.L.U.’s takeover bid prospectus, with the acceptance period set from February 12 to March 13, 2026 (30 calendar days).
  • On 19 February, the board of directors of Ercros, S.A. issued its mandatory report, in which it rejected the takeover bid by majority vote.
  • Consensus among specialized publications forecasts that the recovery of demand in the European chemical industry will begin during the second half of 2026, although this remains subject to a reasonable resolution of the current tariff crisis and the implementation of the support plan for the European chemical industry.
  • In any case, Ercros will continue implementing the 3D Plan in order to advance the digitalisation of its operations, the decarbonisation of its activities, and the diversification and expansion of its portfolio. At the same time, it will maintain its presence in its operating markets, seize opportunities to defend its margins, and continue carrying out actions aimed at reducing costs and improving competitiveness.

Income statements for the 2025 and 2024 fiscal years

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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Financial information
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