Leverage ReductionA material cut in total debt to 272.1M from 772.0M materially strengthens financial flexibility and reduces interest burden. This durable improvement lowers default risk, frees cash for investment or dividends, and supports long-term stability and credit profile.
Strong Cash-flow ReboundA step-change to 609.6M operating cash flow and 600.4M free cash flow in 2026, with FCF up 68.4%, signals improved cash conversion and working-capital discipline. Durable FCF underpins self-funded capex, debt reduction, and strategic investments over the medium term.
Stronger Equity And Asset BaseRising equity (to 2,922.6M) alongside steady asset growth to 4,221.0M builds a deeper balance-sheet base. This improves solvency, supports higher capacity or product investment, and provides a buffer to absorb cyclical swings in the chemicals industry.