VIENNA—Semperit A.G. expects U.S. 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 about $75 million to $95 million (€65 million to €85 million), down from a previous estimate of about $80 million to $100 million (€70 million to €90 million).
In addition, the industrial elastomers specialist has suspended its medium-term earnings target of $135 million for 2026, citing "the current high level of uncertainty regarding further or modified protectionist measures."
According to Semperit, the U.S. market accounted for $82.2 million of its $732.7 million total revenue in 2024.
"The tariffs imposed by the U.S. on imports are expected to lead to additional costs and unfavorable volume shifts," Semperit said in an April 8 statement.
In particular, Semperit Industrial Applications division—primarily hoses—is expected to see the most impact from 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 said.
