Syensqo Shares Drop 20 Percent on Weak Profit Forecast
Syensqo shares fell over 20 percent today after the group forecast a lower 2026 core profit. The company expects EBITDA of 1.1 billion euros, missing estimates.
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SYENSQO SA, the specialty chemicals manufacturer based in Belgium, saw its share price plummet by more than 20% on Thursday. The sharp decline followed the company's announcement of a lowered profit outlook for 2026, citing persistent economic headwinds across its primary markets. By mid-morning, the stock had dropped 24.4%, marking its steepest one-day loss since its inception and placing it at the bottom of the STOXX 600 index.
