Synthomer - comment

We have heard press reports that the company is working with Rothschild on refinancing its debt (including a possible equity raise). We see this

Aengus McMahon18 February 2026SYNTHOMER

Synthomer - comment

We think the equity raise is being pushed on Synthomer by its banks. Synthomer required a receivables loan from its main shareholder to

Aengus McMahon12 February 2026SYNTHOMER

Synthomer - comment

We will not be closing our short yet. The Winter Statement put EBITDA below guidance (c£142m), but above our estimates (which excluded

Aengus McMahon29 January 2026SYNTHOMER

Synthomer Client Call is now available on Synthomer’s page.

Martha Felix23 January 2026SYNTHOMER

Please find our new analysis here.

Synthomer continues to struggle to stabilise margins, let alone grow them. Its divisions are focused on Styrene and Butadiene, but create unrelated

Aengus McMahon16 January 2026SYNTHOMER

Synthomer - coming soon

Martha Felix16 January 2026SYNTHOMER