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Regions :: Western Europe :: Belgium Solvay Reports a 12% Hike in Second-Quarter Rebitda11:13 AM MDT | August 3, 2011 | Alex Scott Solvay in a preliminary financial report says Rebitda for the second quarter of the year rose 12% to €304 million ($437 million) compared with the same period a year earlier. The net income of €111 million is “greatly improved” from the year ago period when the company recorded a net income of €58 million. Sales by volume increased 4% with the price of goods sold 11% up on the year ago period to compensate for a rise in energy costs, the company says. Full financial results for the quarter, including actual sales figures, are due... This information is only available to Chemical Week subscribers. Forgot your user ID or password?
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