CPH Chemie + Papier Holding AG provided earnings guidance for the year 2022. The near-term macro-economic uncertainties like the impact of geopolitical unrest between Russia and Ukraine on energy supplies, supply chain disruptions and ramifications of interest rate hikes by central banks in response to rising inflation resulted in management having a cautious outlook for second half of 2022. Concrete divisional developments will depend on the unfolding of macro-economic uncertainties in the key markets and time lags in passing on the higher raw material costs to the market.

Management expects fiscal year 2022 sales to be substantially higher than in fiscal year 2021 and an EBIT high double-digit millions. In absence of any unforeseen circumstances, the net result is expected in a similar range.