SCC declares crisis over, expects EBITDA this year to exceed 55 billion baht

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Summary · why it matters

Siam Cement Group, or SCC, announced that the group has emerged from crisis, expecting net profit in 2026 to surpass the previous year's 14.075 billion baht, and adjusted cash EBITDA to exceed the target of 55 billion baht. President and CEO Thammasak Sethaudom stated that performance has improved across all businesses, especially the petrochemical business under SCGC, while pressing ahead with cost reduction strategies, maintaining financial discipline, and reducing net debt to EBITDA from 5.0 times last year to 3.7 times currently. Meanwhile, subsidiary SCGD has formed a joint venture with Axent Switzerland AG, part of a major Chinese sanitary ware components manufacturer, to produce smart sanitary ware, with commercial production expected to begin in April 2027. For the first half, SCC posted sales revenue of 259.57 billion baht and net profit of 17.758 billion baht, along with an interim dividend of 3.50 baht per share.

Impact on assets 2

Climate Adaptation & Water▲ · 1 stocks
Materials▲ · 1 stocks
SCG Decor PCL
SCGD
▲ PositiveTechnologyrelevance

SCGD formed a joint venture with Axent Switzerland AG to produce smart sanitary ware, with commercial production expected in April 2027.

Off-coverage companies 1

SCG Chemicals Public Company Limited (SCGC)Private▲ Positive
Demandrelevance

Petrochemical business under SCGC showed improved performance, contributing to overall group recovery.