IMCD N.V. (IMCD), a global leading distribution partner, and formulator of speciality chemicals and ingredients, today announces its first three months 2025 results. During the quarter, gross profit up by 10% to EUR 325 million (+10% on a constant currency basis). Operating EBITA up by 12% to EUR 142 million (+12% on a constant currency basis). Free cash flow of EUR 102 million (first three months of 2024: EUR 106 million).

Marcus Jordan, CEO, IMCD said: "After 26 years at IMCD, I am excited to take over the role of CEO and very much look forward to continuing the successful growth story of IMCD. We have had a good start to the year, with an increase in operating EBITA to EUR 142 million (+12%) and an increase in cash earnings per share to EUR 1.55 (+10%), compared with Q1 2024. Despite the current volatile tariff discussions and unpredictable market conditions, we remain confident that our diversified business, supported by our advanced digital and supply chain management capabilities, will continue to create value for our stakeholders."

OUTLOOK

IMCD operates in different, often fragmented market segments in multiple geographic regions, connecting many customers and suppliers across a very diverse product range. In general, results are impacted by macroeconomic conditions and developments in specific industries.

Results can be influenced from period to period by, among other things, the ability to maintain and expand commercial relationships, the ability to introduce new products and start new customer and supplier relationships and the timing, scope and impact of acquisitions.

IMCD’s consistent strategy and resilient business model has led to successful expansion over the years and IMCD remains focused on achieving earnings growth by optimising its services and further strengthening its market positions.

IMCD sees interesting opportunities to further increase its global footprint and expand its product portfolio both organically and by acquisitions.

While we had a good first quarter, the uncertainty around the implementation of tariffs and its impact on the global economy makes it impossible to give a reliable near-term trading outlook. However, we remain confident that our strong commercial teams, digital and logistic infrastructure and the resilience of our business model, will continue to contribute value to our stakeholders and sustain our growth trajectory, the company said.