Syensqo shares surged 6.7% in European trading Friday after the Belgian chemicals company reported first-quarter adjusted earnings that exceeded analyst expectations. The stock climbed to 62.75 euros as investors reacted positively to the company's performance despite broader market volatility in the chemicals sector.

The company posted underlying earnings before interest, taxes, depreciation, and amortization of 251 million euros ($294.1 million) for the first quarter. While this represented a decline from 301 million euros in the prior year's quarter, it beat the consensus analyst forecast of 239 million euros, demonstrating better-than-expected operational efficiency.

On a sequential basis, Syensqo's underlying EBITDA increased 6%, driven by strong performances in its specialty polymers, Novecare, and composite materials businesses. The results suggest the company successfully navigated challenging market conditions and maintained pricing power in key product segments.