General
IMCD reports solid cash flow growth amid market headwinds
The company posted revenue of EUR 4,779 million, up 5% on a constant currency basis, while gross profit rose 3% to EUR 1,194 million
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By ICN Bureau | February 19, 2026
IMCD, a global leader in the distribution and formulation of speciality chemicals and ingredients, announced its full-year 2025 results, highlighting resilience in a challenging market.
The company posted revenue of EUR 4,779 million, up 5% on a constant currency basis, while gross profit rose 3% to EUR 1,194 million. Operating EBITA came in at EUR 498 million, down 3%, reflecting softer demand across regions and markets. Free cash flow climbed 3% to EUR 465 million (2024: EUR 450 million), and cash earnings per share stood at EUR 5.19 (2024: EUR 6.34). The board proposed a dividend of EUR 1.81 per share.
The company also successfully completed seven acquisitions across all regions in 2025, bolstering its global footprint and customer offerings.
Commenting on the results, CEO Marcus Jordan said: "After a good first quarter, the following quarters of 2025 were challenging amid macroeconomic conditions, tariff uncertainty, and geopolitical unrest. We saw softer demand across our regions and markets, which stalled the organic growth in our business.
"Despite the market challenges, I’m happy to report that we increased our free cash flow and completed seven strategic acquisitions that complement our offering to customers and suppliers. I want to thank our teams worldwide for their dedication, hard work, and continued commitment to creating long-term value for all stakeholders in IMCD in the years ahead."
