IMCD stock reflects 4 percent EBITA growth in H1 2026

Published on 09/28/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IMCD stock was at EUR 95.96 on September 28, 2026, while its 52-week high stood at EUR 105.05. Morgan Stanley set a EUR 110.00 target.

Fotorealistisches Hafenlager mit Fässern und Containern für Spezialchemie-Distribution bei Sonnenuntergang — Chemiedistributions-Terminal am Hafen zeigt Betrieb von IMCD N.V., ISIN NL0010801007, in Rotterdam realistisch fotografiert, Illustration mit AI erstellt.

IMCD stock (ISIN NL0010801007) was trading at EUR 95.96 on Euronext Amsterdam on September 28, 2026 at 11:18 a.m. CEST, just above its EUR 95.90 prior close. The central operating signal remains first-half 2026 EBITA of EUR 285 million, up 4 percent from the prior-year period, according to MarketScreener.

H1 EBITA reached EUR 285 million

The result gives investors a measurable recovery marker after a difficult comparison period. MarketScreener reported that IMCD's first-half EBITA increased 4 percent to EUR 285 million on July 29, 2026, when the company published results for the six months ended June 30, 2026.

IMCD's latest quarterly statement in the financial data shows second-quarter 2026 revenue of EUR 2.638 billion, gross profit of EUR 279.9 million and net income of EUR 142.3 million. Diluted earnings per share were EUR 2.41 in Q2 2026, while operating cash flow reached EUR 169.0 million.

Morgan Stanley keeps EUR 110 target

Analyst expectations provide a second benchmark. According to Investing.com on August 14, 2026, Morgan Stanley maintained a Hold rating and raised its IMCD price target from EUR 105.00 to EUR 110.00. The change places the target EUR 14.04 above the September 28 trading price.

The valuation debate therefore centers on execution rather than a single quarterly beat. IMCD's specialty chemicals distribution model combines supplier access, formulation services and regional operations, while the latest figures show both earnings and cash generation in the same reporting period.

Results date is set for November 5

IMCD's investor-relations calendar lists November 5, 2026, for publication of the first nine months 2026 results, according to IMCD. That report will show whether the 4 percent first-half EBITA growth extended into the third quarter.

IMCD stock holds below its yearly high

IMCD stock was trading at EUR 95.96 on Euronext Amsterdam on September 28, 2026 at 11:18 a.m. CEST. The session range was EUR 95.62 to EUR 97.30, the 52-week range was EUR 68.14 to EUR 105.05, market capitalization was EUR 5.7 billion, and volume was 9,858 shares.