Kemira falls after Q2 miss, 2025 outlook cut

** Shares of Kemira KEMIRA drop around 4.5% after the Finnish chemical company posted weaker-than expected preliminary Q2 results and lowered its 2025 outlook

** The guidance cut follows the ongoing soft demand in packaging and pulp industries, combined with expectation of negative effects from weak US dollar continuing in H2, the group said

** Inderes' analyst Kaisa Vanha-Perttula notes that the preliminary second-quarter data and the decline in guidance continue to reflect the challenging market conditions

** "Our full-year estimates are still within the guidance range, but Q2 numbers were below our expectations," Inderes says

** The broker adds that its forecasts for the current year are likely to come under downward pressure

** The stock, which is on track for its worst day since April if the losses hold, is among top fallers on Europe's STOXX 600 index SXXP

** Up to the previous session's close, shares were down 1.2%​ year-to-date