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Solvay SA

Solvay SA provides basic and performance chemicals worldwide. The company engages in the production of sodium carbonate or soda ash and its derivatives used by customers in glass for building, solar panels, glass containers, and packaging; in lithium-ion batteries for electric vehicles; and for detergents and chemicals, as well as sodium bicarbonate for food and animal feed, and flue gas treatment or healthcare applications. It also offers hydrogen peroxide for use in bleaching, decontamination, disinfection, and antiseptic applications in the pulp and paper, textile, water, and food industries; and as an intermediate to produce propylene oxide and caprolactam chemicals, as well as used in semiconductors, photovoltaic, urban mining, and battery sectors. In addition, the company provides precipitated silica, a component in applications in the tire, home and personal care, and feed and food industries; highly dispersible silica used in various tire parts; and oxygenated solvents and polyamides for use in paintings, hygiene, and home care applications, as well as for the production of phenol and derivatives used as intermediates to produce synthetic resins in foundries, construction, and abrasives. Further, it produces fluorine and rare-earth formulations for automotive, electronics, and various chemical and industrial applications. The company was founded in 1863 and is headquartered in Brussels, Belgium.

Price · split & dividend adjusted
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ソルベイ、第2四半期減益も通期見通しを据え置き

ソルベイが発表した2026年第2四半期の基礎的売上高は10億3100万ユーロで、前年同期比で有機的に7.4%減少したが、通期見通しは据え置いた。基礎的EBITDAは有機的に19.5%減の1億8700万ユーロ、マージンは18.1%に縮小した。ソーダ灰価格の低迷が続いていることや、中東紛争の影響で同地域の過酸化物工場が一時停止したことが響いた。構造的コスト削減により、四半期でさらに2600万ユーロの効果があり、継続事業からの基礎的純利益は6400万ユーロだった。上半期のフリーキャッシュフローは1500万ユーロ、基礎的純負債は18億ユーロ、レバレッジ比率は2.3倍となった。ソルベイは、サウジアラビアの過酸化物工場が第3四半期に再稼働する見込みであることから、下半期の回復を見込んでおり、2026年通期の基礎的EBITDAを7億7000万~8億5000万ユーロ、フリーキャッシュフローを少なくとも2億ユーロとする見通しを再確認した。
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