|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||89.32 - 91.22|
|52 Week Range||82.26 - 118.90|
|Beta (3Y Monthly)||1.59|
|PE Ratio (TTM)||9.28|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||4.62 (5.13%)|
|1y Target Est||121.17|
Ilham Kadri, CEO of Solvay, discusses the chemicals company's strategy to meet its guidance for 2019 earnings and how the Sino-U.S. trade war will impact its ability to sell into China.
Solvay and BASF have reached an agreement with Domo Chemicals whereby Domo Chemicals is to acquire the Solvay Polyamide assets that needed to be divested to a third party as part of the European Commission’s merger control clearance process. The agreement is a key step towards completing the divestment of Solvay’s remaining Polyamides business to BASF. Domo is a fully integrated nylon 6 specialist, providing specialized engineering materials solutions to its customers in the automotive, electrical, construction, industrial applications and consumer goods industries.
Belgian chemicals group Solvay reported higher-than-expected second-quarter sales and earnings on Wednesday, saying higher prices helped offset a fall in volumes. The maker of lithium derivatives for batteries blamed a significant decline in demand from automotive, electronics and oil and gas markets for a 2.2% drop in total volumes. Solvay's second-quarter revenue of 2.65 billion euros was also slightly above a consensus forecast of 2.62 billion euros and the company upheld its 2019 guidance for a flat to "modestly" down organic EBITDA.
The full financial report can be found on: https://www.solvay.com/en/investors/financial-reporting#Solvay-EarningsAn analyst webcast will be held at 13:30, please.
Brussels, Tuesday July 30, 2019, 08h30 CEST --- According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055,.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...
Germany will award to three consortiums 1 billion euros ($1.12 billion) in funding it earmarked last year to support domestic battery cell production, Economy Minister Peter Altmaier told Reuters, part of a bid to cut carmakers' reliance on Asian supply. Securing a regional supply chain for electric vehicles (EVs) would help Germany achieve European Union goals to lower carbon emissions and cut fossil fuel consumption.
Brussels, May 14, 2019, 16u00 --- Solvay today held its General Shareholders` Meeting at The Square - Brussels Meeting Center. Shareholders voted in favor of all the resolutions proposed. More specifically, ...
Access the full press release & financial report Details to connect to the 2:00pm analysts & investors call Q1 Profit Underlying EBITDA €571 million +2.4% ; -0.6% organically Underlying EBITDA ...
France and Germany agreed on Thursday to jointly invest in the European production of electric vehicle batteries, taking on the United States and China in what is emerging as one of the world's most competitive industries. French Finance Minister Bruno Le Maire said the goal was to establish two production plants over the next four years, one in France and one in Germany, with around 1,500 employees in each. Initially the plants would produce enhanced liquid batteries before moving to solid-state technology by 2025-26.
France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday. The two countries have earmarked 1.7 billion euros (£1.4 billion) to support company alliances to help reduce European carmakers' dependence on Asian suppliers and protect jobs at risk from the shift away from combustion engines. The economy ministries of both countries sent a letter of intent to the European Union's executive body asking it to give a provisional go-ahead, a German economy ministry spokeswoman said, without giving a sum for the planned state funding.
In this article we are going to estimate the intrinsic value of Solvay SA (EBR:SOLB) by taking the foreast future cash flows of the company and discounting them back to today's value. I will use the Discounted Cash Flow (DCF...
Brussels, April 12, 2019, 7h30 --- Solvay will hold its Ordinary General Shareholders` Meeting on Tuesday May 14, 2019. All the documents related to this annual meeting are available on www.solvay.com, ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Understanding Solvay SA's (EBR:SOLB) performance as a company requires examining more than earnings from one point in time. T...
Moody's Investors Service ("Moody's") has affirmed Tata Chemicals North America, Inc.'s (TCNA) Ba3 Corporate Family Rating (CFR), the Ba3 rating on TCNA's Senior Secured Term Loan B and Revolving Credit Facility. At the same time, Moody's has withdrawn the company's Speculative Grade Liquidity Rating of SGL-2, as TCNA is a privately held company.
Brussels, Wednesday April 3, 2019, 10:00 --- Solvay today publishes its third Annual Integrated Report . This report reflects our progress on an integrated management journey that began in 2012 when ...
Brussels, April 3, 2019, 08:00 --- Solvay announces today that its subsidiary Solvay Finance SA will exercise its first call option on its €700 million hybrid bond (ISIN XS0992293570 / Common Code 099229357) ...