Based on the provisions of Article 26 of the Ljubljana Stock Exchange Rules, Article 158 of the Market in Financial Instruments Act and Article 17 of Regulation (EU) No 596/2014, CINKARNA Celje, d.d. hereby publishes unaudited Preliminary FY 2025 results.

Cinkarna Celje achieved stable business results in challenging market conditions

Cinkarna Celje achieved stable results in 2025 in a challenging market environment. The titanium dioxide market remains under significant price pressures and excess capacity, especially of Chinese origin, despite the introduction of permanent anti-dumping measures. Demand in key end markets remains subdued, with recovery being gradual and uneven, which affects margins and additionally requires a high level of cost discipline and prudent cost management.

Based on preliminary unaudited data, the company generated sales revenues of EUR 198.8 million. Net profit reached EUR 19.1 million, representing 82.9% of the net profit achieved in 2024, when it reached EUR 23.1 million. Earnings before interest, taxes, depreciation and amortisation (EBITDA) reached EUR 35.8 million, representing 18.0% of sales revenue. In 2025, the key markets remained those within the EU, where sales increased by 1% compared to 2024.

The plan for 2026 foresees EUR 194.3 million in sales revenue, while net profit for 2026 is estimated at EUR 8.0 million.

In line with its defined development strategy and active risk management, Cinkarna Celje invested as much as EUR 19.5 million in 2025. Investments were directed towards programmes with growth potential, improvements in technological processes, and the strengthening of long-term competitiveness. Special attention was devoted to managing spatial and environmental risks, in accordance with the long-term goals of sustainable development and the company's strategy.

The company remains committed to responsible development, sustainably oriented investments, active management of key risks and financial stability, with the aim of creating stable value for all stakeholders.

The notice will be published on the Company's website (www.cinkarna.si) from 4 February 2026 onwards, for a period of at least 5 years.