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Solvay SA

SOLB.BR

Latest Trade

96.72EUR

Change

0.88(+0.92%)

Volume

78,167

Today's Range

96.02

 - 

97.28

52 Week Range

52.82

 - 

106.50

As of on the Euronext Brussels ∙ Minimum 15 minute delay

Pricing

Previous Close
95.84
Open
96.50
Volume
78,167
3M AVG Volume
5.49
Today's High
97.28
Today's Low
96.02
52 Week High
106.50
52 Week Low
52.82
Shares Out (MIL)
103.41
Market Cap (MIL)
10,147.20
Forward P/E
16.62
Dividend (Yield %)
2.74

Next Event

Dividend For SOLB.BR - 1.5000 EUR

Latest Developments

More

Solvay To Sell Barium, Strontium And Sodium Percarbonate Businesses To Latour Capital

Solvay Receives A Binding Offer From Composites One

Solvay And Boeing Sign Long-Term Enterprise Agreement

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About Solvay SA

Solvay SA is a Belgium-based international chemical and advanced materials company. Through its subsidiaries, it operates four segments: Advanced Materials, Advanced Formulations, Performance Chemicals and Corporate & Business Services. Advanced Materials offers high-performance materials for multiple applications primarily in the automotive, aerospace, electronics, and health markets providing sustainable mobility solutions, reducing weight and improving CO2 and energy efficiency. Advanced Formulations serves primarily the consumer goods, agro and food, and energy markets offering customized specialty formulations that impact surface chemistry and alter liquid behavior while minimizing the environmental impact. Performance Chemicals specializes in chemical intermediates serving mainly the consumer goods and food markets. Corporate & Business Services includes corporate and other business services, such as the research and innovation center, and energy services.

Industry

Chemicals - Plastics & Rubber

Contact Info

Rue de Ransbeek 310

1120

Belgium

+32.2.2642111

https://www.solvay.com/en/

Executive Leadership

Nicolas Boel

Chairman of the Board

Ilham Kadri

Chairman of the Management Board, Chief Executive Officer, Director

Karim Hajjar

Member of the Executive Committee, Chief Financial Officer

Herve Tiberghien

Chief People Officer, Member of the Executive Committee

Vincent De Cuyper

Member of the Executive Committee

Key Stats

2.65 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

10.9K

2018

10.3K

2019

10.2K

2020(E)

9.2K
EPS (EUR)

2017

9.080

2018

8.440

2019

10.410

2020(E)

5.791
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.01
Price To Book (MRQ)
1.33
Price To Cash Flow (TTM)
7.70
Total Debt To Equity (MRQ)
50.30
LT Debt To Equity (MRQ)
44.13
Return on Investment (TTM)
-7.36
Return on Equity (TTM)
-6.03

Latest News

Latest News

UPDATE 1-Solvay Q2 earnings fall less than expected

Belgian chemicals group Solvay reported a smaller than expected fall in second-quarter earnings on Wednesday, thanks to cost-saving measures that accelerated due to the COVID-19 pandemic and some higher prices.

Solvay to cut 570 jobs as aerospace materials demand drops

Belgian chemical company Solvay said on Friday it was closing two sites of its composite materials business with the loss of some 570 jobs in the United States and Britain as it accelerated its restructuring due to the COVID-19 pandemic.

CORRECTED-BRIEF-Solvay Plans To Reduce Global Headcount In Composite Materials Division By 20%

* COMPOSITE MATERIALS: RESTRUCTURING ITS MANUFACTURING FOOTPRINT WITH INTENT TO CLOSE TWO SITES AND REDUCE GLOBAL HEADCOUNT BY 20%

BRIEF-Solvay Receives Approval For PROXITANE® AHC Against COVID-19

* IT HAS BEEN ADDED TO THE LIST OF DISINFECTANTS FOR USE AGAINST SARS-COV-2 Source text: https://bit.ly/3cCbRy2 Further company coverage: (Gdansk Newsroom)

Solvay withdraws guidance, asks shareholders to support fund

Solvay on Thursday withdrew its 2020 guidance citing the coronavirus pandemic but the Belgian chemicals maker maintained its dividend for the year of 3.75 euros ($4.07) per share.

BRIEF-Solvay Partners With Boeing For Face Shields Production Against COVID-19

* ANNOUNCED ON TUESDAY IT IS SUPPLYING HIGH-PERFORMANCE, MEDICAL-GRADE TRANSPARENT FILM TO BOEING FOR ITS PRODUCTION OF FACE SHIELDS AS A PROTECTION FROM COVID-19

BRIEF-Solvay Takes Measures In Response To Coronavirus Epidemic

* IT IS TOO EARLY TO PREDICT THE FULL IMPACT OF THE COVID-19 CRISIS ON SOLVAY’S BUSINESS

UPDATE 1-Belgian chemicals maker Solvay expects subdued earnings due to virus, 737 MAX suspension

Belgian chemicals group Solvay said it expects uncertainty over the coronavirus outbreak, the 737 MAX production halt and a weaker economic outlook to keep its core earnings on the backfoot.

UPDATE 1-Belgian chemicals maker Solvay to rejig business, sets new targets

Solvay issued a five-year outlook on Thursday including plans to reorganise into three business units as the Belgian chemicals maker's third-quarter core profit slipped.

Belgian chemicals maker Solvay to rejig business, sets new targets

Belgium's Solvay issued a five-year outlook on Thursday including plans to reorganise into three business units - materials, chemicals and solutions - as the chemicals maker reported a slip in third-quarter core profit.

UPDATE 1-Solvay beats Q2 sales, profit estimates despite lower volumes

Belgian chemicals group Solvay reported higher-than-expected second-quarter sales and earnings on Wednesday, saying higher prices helped offset a fall in volumes.

CORRECTED-Solvay beats Q2 estimates, confirms outlook

Belgian chemicals group Solvay reported higher-than-expected second-quarter sales and earnings on Wednesday, driven by growth in aerospace, mining, agriculture and aroma sectors and helped by foreign currency.

BASF wins EU's conditional approval for purchase of Solvay's nylon business

The European Commission said on Friday it had approved the acquisition by German chemical company BASF <BASFn.DE> of the nylon business of Belgian rival Solvay <SOLB.BR> subject to conditions.

BASF plans to shed assets to try to salvage Solvay deal: sources

BASF <BASFn.DE> is looking to shed a sizeable portfolio of assets to try to salvage a deal it struck in 2017 to buy Belgian chemicals group Solvay's <SOLB.BR> polyamide business, people close to the matter said.

BASF plans to shed assets to salvage Solvay deal -sources

BASF is looking to shed a sizeable portfolio of assets to salvage a deal it struck in 2017 with Solvay over the acquisition of the Belgian chemicals group's polyamide business, people close to the matter said.

UPDATE 1-Belgium's Solvay names Ilham Kadri to replace Clamadieu as CEO

Belgian chemicals group Solvay has named Ilham Kadri, chief executive of U.S. hygiene technology and services company Diversey, to succeed Jean-Pierre Clamadieu as CEO next year.

Belgium's Solvay appoints Ilham Kadri as CEO to replace Clamadieu

Belgian chemicals group Solvay said on Tuesday it was appointing Ilham Kadri, chief executive of U.S. hygiene technology and services company Diversey, as its replacement for outgoing CEO Jean-Pierre Clamadieu.

EU mergers and takeovers (Sept 26)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

UPDATE 2-Solvay sets guidance built on high-end plastics, chemicals

* Likely to appoint new CEO in next few weeks (Updates after CFO call, shares opening)

EU mergers and takeovers (Sept 10)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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