IHS Chemical Week

Regions :: Western Europe :: Belgium

Solvay's net income up 20%

7:30 AM MDT | May 6, 2014 | Francinia Protti-Alvarez

Solvay reports €121 million ($167.8 million) in adjusted net income for the first quarter, up 20% year-on-year (YOY) and beating the company's previous forecasts, as demand improved and savings measures drove margins higher. Adjusted recurring Ebitda (Rebitda) was about €467 million, up 11% YOY, driven by organic and external volume growth. Adjusted net sales grew 1% YOY, to €2.55 billion. The revenue increase was driven by 3% volume growth and Chemlogics’ 4% contribution but was held back by foreign exchange developments, the company says...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa