Semperit expects ‘significant impact’ on earnings from US tariff policies

Vienna – Semperit AG expects US import tariffs, along with a continued slowdown in order intake and ensuing capacity adjustments, are likely to have “a significant impact” on its business performance.

Assuming the recently announced tariffs remain unchanged for its main production sites, the Austrian group has revised its 2025 earnings (EBITDA) forecast to €65–€85 million, down from a previous estimate of €70–€90 million.

In addition, the industrial elastomers specialist has suspended its medium-term earnings target of €120 million for 2026, citing “the current high level of uncertainty regarding further or modified protectionist measures.”

According to Semperit, the US market accounted for €76 million of its €677 million total revenue in 2024.

“The tariffs imposed by the US on imports are expected to lead to additional costs and unfavourable volume shifts,” Semperit stated on 8 April.

In particular, Semperit Industrial Applications division – primarily hoses – is expected to be most affected by the trade barriers.

The group also reported that its Semperit Engineered Applications (SEA) division continues to experience "restrained order activity” due to market conditions.

“Against this backdrop, Semperit’s executive board has decided to temporarily adjust capacities,” Semperit concluded.