People & Business :: Companies
Solvay posts 14% fall in profits, lower sales
7:25 AM MDT | July 31, 2013 | Michael Ravenscroft
Solvay's recurring Ebitda (Rebitda) for the second quarter declined 14%, to €487 million, compared with the corresponding period of 2012. Net sales were down 4%, to €3.06 billion. Ebit was €223 million, less than half the figure of €474 million for the comparable quarter of 2012. Net income fell to €148 million versus €239 million for second-quarter 2012. Earnings per share of €1.79 compares with €2.88 for the year-ago quarter. Rebitda for the consumer chemicals business plunged 40%, to €92 million, compared with...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee