Producing compounds for the plastic industry.
Kafrit entered 2026 as a global materials platform with diversified customers and spare capacity, but 2025 showed that its profitability is much more exposed to FX, pricing and softer demand than the stronger years suggested.
Finke looks like a deliberate attempt to move Kafrit's European activity toward higher-value and more specialized products, but 2025 still provides almost no operating proof and mainly shows the added complexity and cash cost.
Kafrit ended 2025 with solid operating cash generation but very limited real surplus after acquisitions, capex, dividends, leases and debt recycling were all counted.
