KOYJF - Kemira: 2024 Will Be A Transition Year But Underlying Performance Remains Strong
2024-03-13 10:30:00 ET
Summary
- Kemira, a Finnish company focusing on specialty chemicals used in water treatment for pulp and paper, has been a reliable and consistent performer for investors.
- After two surprisingly strong years, 2024 will likely be a bit weaker, but the stock is still trading at just 5.5 times EBITDA.
- The oil and gas division was recently sold, so I'm curious to see what the company will do with the cash proceeds.
Introduction
Kemira ( OTCPK:KOYJF ) is a Finnish company focusing on specialty chemicals with applications in the pulp and paper industry and the water treatment industries....
Kemira: 2024 Will Be A Transition Year, But Underlying Performance Remains Strong