FRMB
FORUM MOBILE INC
stock OTC

ASML
and Campine NV
Campine NV achieves its best H1 results in the companies history - 100% revenue growth, EBITDA trippled!
Campine dropped H1 results a few days ago! I find them to be exceptionally good!
# "Campine achieves record revenue and profit in first half of 2025"
*Regulated information – September 1nd 2025– 08:00*
Campine, Belgian specialty chemicals and metal recycling company, has reported exceptionally
strong growth in the first half of 2025. **Revenue more than doubled to €384 million**, compared
with €169 million in the same period last year. **EBITDA nearly tripled to €53.4 million**, setting a
**new record** for the first six months. This profit increase is largely driven by strong demand for
antimony trioxide (ATO) and significant rises in antimony prices.
# Results performance per division/segment
Specialty Chemicals division
Market and Operations
Revenue for the Specialty Chemicals division rose to **€293 million, four times higher than in 2024**
(€74 million). Growth was primarily driven by antimony trioxide sales, with Campine becoming the
**global market leader** following Chinese export restrictions at the end of 2024. The FRMB unit
(flame-retardant masterbatches) more than doubled its revenue thanks to the use of ATO, while
CrP (PP recycling) achieved a 30% revenue increase, partly due to competitor bankruptcies.
EBITDA in Specialty Chemicals rose from €6.0 million to €36.6 million.
# Outlook full year 2025
Campine expects a record year, with EBITDA likely exceeding €80 million. CEO De Vos
commented: “Forecasting remains challenging in such a volatile market. Changes in Chinese
export restrictions or U.S. import regulations could quickly impact results. Nevertheless, 2025 is
already shaping up to be an exceptional year.”
In Specialty Chemicals, high profitability is expected to continue in the second half, despite a
slight global decline in ATO demand due to substitution of ATO as flame retardant. The Circular
Metals division continues to benefit from lower battery scrap costs, offsetting lower LME sales
prices.
**Campine is also awaiting regulatory approval for the acquisition of three French Ecobat factories,**
**with the deal potentially closing in September. This acquisition could further impact the 2025**
**results."**

ASML
and Campine NV
Campine NV achieves its best H1 results in the companies history - 100% revenue growth, EBITDA trippled!
Campine dropped H1 results a few days ago! I find them to be exceptionally good!
# "Campine achieves record revenue and profit in first half of 2025"
*Regulated information – September 1nd 2025– 08:00*
Campine, Belgian specialty chemicals and metal recycling company, has reported exceptionally
strong growth in the first half of 2025. **Revenue more than doubled to €384 million**, compared
with €169 million in the same period last year. **EBITDA nearly tripled to €53.4 million**, setting a
**new record** for the first six months. This profit increase is largely driven by strong demand for
antimony trioxide (ATO) and significant rises in antimony prices.
# Results performance per division/segment
Specialty Chemicals division
Market and Operations
Revenue for the Specialty Chemicals division rose to **€293 million, four times higher than in 2024**
(€74 million). Growth was primarily driven by antimony trioxide sales, with Campine becoming the
**global market leader** following Chinese export restrictions at the end of 2024. The FRMB unit
(flame-retardant masterbatches) more than doubled its revenue thanks to the use of ATO, while
CrP (PP recycling) achieved a 30% revenue increase, partly due to competitor bankruptcies.
EBITDA in Specialty Chemicals rose from €6.0 million to €36.6 million.
# Outlook full year 2025
Campine expects a record year, with EBITDA likely exceeding €80 million. CEO De Vos
commented: “Forecasting remains challenging in such a volatile market. Changes in Chinese
export restrictions or U.S. import regulations could quickly impact results. Nevertheless, 2025 is
already shaping up to be an exceptional year.”
In Specialty Chemicals, high profitability is expected to continue in the second half, despite a
slight global decline in ATO demand due to substitution of ATO as flame retardant. The Circular
Metals division continues to benefit from lower battery scrap costs, offsetting lower LME sales
prices.
**Campine is also awaiting regulatory approval for the acquisition of three French Ecobat factories,**
**with the deal potentially closing in September. This acquisition could further impact the 2025**
**results."**