Oct 25, 2012. /Lesprom Network/. Kemira Oyj's reported its 3Q 2012 results, as the company said in the press release received by Lesprom Network. Third quarter: - revenue grew 2% to Euro 567.2 million (558.3) supported by favorable currency exchange; - operative EBIT increased 14% to Euro 46.5 million (40.8) with a margin of 8.2% (7.3%) mainly due to lower fixed costs and favorable currency exchange; - earnings per share, excluding non-recurring items increased 10% to Euro 0.23 (0.21); - the reported earnings per share was reduced to Euro 0.00 (0.21), mainly due to the non-recurring items of Euro 46 million that were largely related to "Fit for Growth". January-September: - revenue increased 1% to Euro 1,682.4 million (1,663.9); - operative EBIT decreased 2% to Euro 120.4 million (123.0) with a margin of 7.2% (7.4%); - earnings per share, excluding non-recurring items, were Euro 0.64 (0.65); - the reported earnings per share was decreased to Euro 0.39 (0.65), mainly due to the non-recurring items of Euro 51 million that were largely related to "Fit for Growth". Kemira outlook for 2012 remains unchanged with expected revenue and operative EBIT in 2012 to be approximately at the same level as in 2011. "Our third quarter was driven by a slight volume recovery and the first positive impacts from the restructuring program "Fit for Growth". In the Paper segment, sales volumes increased, especially in Asia. This, together with improved sales price management strengthened Paper's operative EBIT. The operative EBIT margin continued to increase in the Municipal & Industrial. This was mainly a result of continued volume recovery, lower fixed costs and stabilization of raw material prices. In Oil & Mining, sales volumes have been negatively impacted by the lower natural gas and metal prices, yet, the segment maintained its good profitability. ChemSolutions recovered quickly after a weaker Q2 and improved its profitability. Improving profitability remains our key focus. We will focus on substantially further improving profitability in order to meet our financial targets and to be a relevant long term player in the water quality and quantity management business. Our global restructuring program "Fit for Growth" is being implemented according to plan and the first results could already be captured in the third quarter. The co-determination negotiations have progressed and our new organization has become operational as of October 1. We have also started the optimization of our manufacturing network, as communicated during the Capital Markets Day in September. Meanwhile, it has been decided to close or sell 7 sites by the end of H1 of 2013, and additional 7 sites are currently under review. Looking ahead to the rest of 2012, uncertainties related to the de-icing business and current high raw material prices might have negative impact on our result, and visibility related to the demand for some of our main product lines is currently low. On the other hand, the current currency exchange rate is expected to continue to support our top line and the cost savings related to our restructuring are expected to positively impact our operative EBIT. Thus, Kemira maintains its guidance for revenue and operative EBIT for 2012"- as Kemira's President and CEO Wolfgang Büchele said.