Duisburg, August 20, 2026. The Duisburg-based PCC Group further extended its positive business performance in the second quarter. According to preliminary figures, earnings before interest, taxes, depreciation, and amortization (EBITDA) rose significantly year on year, by 77.1% to €35.4 million, with nearly all its Group segments posting an increase in individual EBITDA. In the first half of the year, cumulative EBITDA totaled €48.3 million, a rise of 45.0%.
Consolidated revenue rose in the second quarter by 5.7% year over year to €246.3 million. In the first half of 2026, consolidated revenue totaled €467.3 million, down 3.5% from the previous year, as the upward trend did not fully take effect until the second quarter.
At the operating level (earnings before interest and taxes, EBIT), the PCC Group posted a profit of €15.8 million in the second quarter, compared to a loss of €–0.7 million in the same quarter of the previous year. For the first half of the year, EBIT totaled €8.0 million (previous year: €–8.7 million).
Earnings before taxes (EBT) were again likewise positive in the second quarter at €5.7 million (previous year: €–21.4 million). Cumulatively for the first half of the year, the pre-tax loss decreased by over 81.8% to €–9.8 million.
The figures provided are provisional. The PCC Group’s interim financial statements as of June 30, 2026 are currently being reviewed by the auditor and are scheduled to be published on September 17.
“Overall, following a rather subdued start to fiscal 2026, the PCC Group has seen a clear upward trend in its core activities since early March, which continued in the second quarter,” explains Riccardo Koppe, Chief Financial Officer of PCC SE, adding: “This positive business performance is based on higher plant utilization rates and a consistently strong order backlog in the PCC Group’s chemical-producing segments since the outbreak of the war in Iran. This is because, given the disruption to Asian supply chains due to the conflict in the Strait of Hormuz, we, as a European chemical producer, are ensuring a high level of supply stability for customers in Europe and the USA,” Koppe comments. “So far, increases in raw material prices have largely been passed on through selling price increases, and there are currently no supply shortages affecting our own raw materials.”
Positive Outlook for the Full Year
The Executive Board of PCC SE expects this trend to continue for the time being and also sees a positive outlook for the full year. In its current outlook for 2026, the Executive Board anticipates revenue growth of 5% to 10% to approaching €1 billion, an increase of over 20% in EBITDA before one-time effects, taking it into the three-digit million euro range, and a return to profitability at the EBIT level.
Performance in the Individual Group Segments
The Surfactants & Derivatives segment remains the Group‘s top revenue generator. In the second quarter, revenue rose by 18.8% year on year to €74.0 million, and EBITDA increased by 66.8% to €9.7 million. Since the start of the war in Iran, commodity prices have risen significantly; however, demand from European customers for PCC’s products has also increased. This also applies to the Polyols & Derivatives segment, which increased quarterly revenue by 18.7% to €51.6 million and EBITDA by 147.4% to €11.2 million. In the Chlorine & Derivatives segment, EBITDA in the second quarter was higher than in the prior year, although revenue continued to decline due to price factors.
The temporary halt in silicon metal production remains in place. As a result, both revenue and losses in the Silicon & Derivatives segment declined significantly. Cash requirements were significantly reduced. Negotiations aimed at enabling the resumption of production are well advanced at all levels. In the Trading & Services segment, revenue rose by 51.6% to €34.7 million, and EBITDA by 27.4% to €7.5 million. In the Logistics segment, intermodal container logistics maintained its market leadership in Poland. Segment revenue rose by 5.9% to €41.6 million in the second quarter, while EBITDA increased by as much as 30.1% to €8.4 million. In the Holding & Projects segment, we halted the project to build a chlor-alkali plant. Arbitration proceedings are underway with the original contractual partner.
Streamlining the Group Structure in the Chlorine & Derivatives Segment
PCC SE is consolidating its business activities in the Chlorine & Derivatives segment. The plan is to transfer the business related to the production and distribution of monochloroacetic acid (MCAA) – namely, the subsidiaries MCAA SE and PCC MCAA Sp. z o.o. – to PCC Rokita SA. This is to be implemented through a share swap in the second half of the year. To this end, PCC SE and PCC Rokita SA signed a letter of intent on June 16, 2026.
Redemption of Bullet Bonds
PCC SE redeemed the bond issued in 2021 (ISIN DE000A3E5S42) on July 1 and the bond issued in 2022 (ISIN DE000A3MQZM5) on April 1, each of which being due in full at maturity. Both bonds carried a 4.00% coupon; the redemption amounts were €29.6 million and €21.0 million respectively.
