en.Wedoany.com Reported - IMCD (a Rotterdam-based distributor and formulator of specialty chemicals and ingredients) announced its results for the first half of 2026. During the reporting period, revenue reached €2.638 billion, up 7% year-on-year, or 11% at constant exchange rates; operating EBITA grew 4% to €285 million, or 8% after currency adjustments; free cash flow increased 29% to €222 million; gross profit rose 4% to €658 million, with a gross margin of 24.9%, down 0.7 percentage points from the same period last year, partly due to the lower average margins of recently acquired companies and changes in product mix.
By region, the EMEA (Europe, Middle East, and Africa) segment performed most strongly, with revenue up 15% to €1.225 billion and operating EBITA up 15% to €142.9 million, of which 5% came from organic growth and the remainder from acquisition contributions. Revenue in the Asia-Pacific region grew 6% to €676.6 million, or 14% at constant exchange rates; operating EBITA increased 3% to €89.1 million. The Americas segment saw revenue decline 4% to €736.8 million and operating EBITA fall 16% to €70 million, due to organic contraction in the business combined with unfavorable currency effects.
On the acquisition front, in the first half of this year IMCD completed the acquisitions of South Korea's Dong Yang FT and Willows Ingredients in Ireland and the UK. On June 26, 2026, the company signed an agreement to acquire Bangkok-based Merit Solution—a distributor of additives serving customers in Thailand's plastics and compounding industry, with revenue of approximately €11 million in 2025 and 24 employees—with the transaction expected to close in the third quarter of 2026. As of June 30, 2026, IMCD's net debt stood at €1.5596 billion, with a leverage ratio of 2.8 times EBITDA, below the permitted cap of 4.25 times.
Chief Executive Officer Marcus Jordan stated that the company performed positively in the first half, with organic growth in both gross profit and EBITA, as well as an increase in free cash flow; the team remained focused on building long-term partnerships with customers and suppliers in a dynamic environment. IMCD also noted that macroeconomic and political uncertainties make future demand difficult to predict, but the company maintains confidence in its business model and commercial capabilities.
