Semperit AG Holding Anticipates Market Recovery Despite Soft Q1 Figures

Semperit AG Holding experienced a challenging first quarter in 2025, impacted by persistent market difficulties and uncertainties related to US tariffs. The company reported a 13.8% year-over-year decrease in sales, amounting to €152 million, with the SEA division witnessing a significant 19.7% decrease largely due to market cyclicality and delayed projects in the belting sector.

The EBITDA for Q1 declined by 52% to €11.1 million, resulting in a reduced margin of 7.3%. Although personnel expenses saw a slight decrease amid wage inflation pressures, material costs rose due to a 25% increase in natural rubber prices and rising butadiene costs, impacting synthetic rubber production.

Despite these challenges, Semperit remains optimistic, with improved demand observed in March and April. Management has reiterated its €65-85 million operating EBITDA guidance, anticipating recovery in the second half of 2025, bolstered by strategic investments and potential support from Germany's €500 billion special infrastructure fund.