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Latvian chemical manufacturer SIA CrossChem achieved unaudited revenue of EUR 18.8 million in 2025 while expanding its EBITDA by 33% year-on-year to nearly EUR 1.4m, demonstrating steady growth and continued strategic investment in development. The Company expanded its client portfolio by 4%, increased laboratory analysis volumes by 26%, and introduced several new products for both professional and household segments.
01.03.2026.
In 2025, CrossChem invested approximately EUR 1.5 million in research and development, production modernisation, and process automation, strengthening long-term efficiency and competitiveness.
The key management guidance parameter of EBITDA profitability reaching 6-7% (as revenues fluctuate somewhat freely due to the international nature of the industry) was slightly exceeded, coming in at 7.3%. This confirms a solid return and the Company’s ability to meet its obligations while ensuring further growth.
“CrossChem consistently implements its long-term development strategy, focusing on strengthening chemical product distribution infrastructure, expanding the product portfolio, and increasing market reach. Investments in technology and our team enable us to build a sustainable growth model,” emphasises R. Andersons, Chairman of the Board of SIA CrossChem.
In 2026, the Company aims to achieve revenue of EUR 20–25 million while maintaining an EBITDA margin within the range of 6–7%.
External financing is secured through bonds (in the form of guaranteed notes) listed on the Nasdaq Riga alternative market First North, as well as bank loans. CrossChem closely monitors interest rate fluctuations, particularly EURIBOR, and systematically manages receivables, with risks reinsured through international insurance companies.
CrossChem continues to focus on improving operational efficiency, modernising workflows, and advancing automation by investing in infrastructure, equipment, and team development to pursue stable and sustainable growth.
CrossChem is a 100% Latvian-owned company and part of CrossChem International – the world’s largest independent AdBlue® producer network. The company manufactures and distributes sustainable chemical products and provides related storage and handling services. CrossChem is also expanding its services to the maritime sector, delivering emission reduction solutions, including AUS40®, and other products that support compliance with international environmental regulations.
