Latest news with #LaetitiaVanMinnenbruggen
Yahoo
14-07-2025
- Business
- Yahoo
Solvay revises its 2025 underlying EBITDA outlook and confirms its Free cash flow guidance
Regulated and inside information Brussels, July 14, 2025 - 7.15pm CEST In the second quarter, Solvay experienced a continuation of the soft market environment, impacted by ongoing global tariff discussions and heightened geopolitical tensions. This led to a progressive reduction of demand, and a slowdown in order books, particularly in certain soda ash end-markets and in the Coatis business unit. Visibility remains low and market conditions are expected to remain challenging throughout the second half of 2025. Based on this, Solvay is updating its 2025 outlook. Solvay now expects underlying EBITDA to be between €880 million and €930 million, assuming current FX levels for the second half. This compares to the previous outlook that was to reach the lower half of the range from €1.0 billion to €1.1 billion. Solvay confirms its Free Cash Flow from continued operations to Solvay shareholders to be around €300 million, with a maximum of €300 million of Capex, reflecting the management focus on cash generation and dividend cover. In the second quarter of 2025, Solvay expects an underlying EBITDA of approximately €230 million, including a one-off revenue gain of around €20 million in the Special Chem business unit. Due to the ongoing quiet period, Solvay will not further comment ahead of the Q2 2025 earnings release planned on July 30. Contacts Media relations Investor relations Peter Boelaert+32 479 30 91 59 Laetitia Van Minnenbruggen+32 484 65 30 47 Boris Cambon-Lalanne+32 471 55 37 49 Geoffroy d'Oultremont+32 478 88 32 96 About Solvay Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of around 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world's most essential needs such as purifying the air we breathe and the water we use, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay's unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. As a world-leading company with €4.7 billion in underlying net sales in 2024, Solvay is listed on Euronext Brussels and Paris (SOLB). For more information about Solvay, please visit or follow Solvay on Linkedin. Safe harbor This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Ce communiqué de presse est également disponible en franç persbericht is ook in het Nederlands beschikbaar. Attachment Press Release
Yahoo
03-04-2025
- Business
- Yahoo
Solvay releases its 2024 annual integrated report
In 2024, Solvay introduced its 'Essential for generations' strategy, delivered solid performance and launched the 'For Generations' sustainability roadmap Brussels, April 3, 2025 - 6:00 pm CEST Solvay has released its Annual Integrated Report, which provides an overview of the company's financial, environmental, and societal performance for 2024. This comprehensive document serves as a key reference for stakeholders, highlighting Solvay's new strategy as a leader in essential chemistry and how Solvay will deliver on it. It also presents the new 'For Generations' sustainability roadmap, which confirms the commitment to carbon neutrality for Scope 1 and 2 Greenhouse Gas emissions by 2050. Additionally, the report outlines the resilience of its results in 2024 and the transformation of the company's culture, operating model and governance. It features detailed Financial statements and Sustainability statements (prepared in accordance with the European Sustainability Reporting Standards - ESRS). The 2024 report, including the ESEF version, is available on The 2024 report on payment to governments is also available in the Regulated news section of Solvay's relations Investor relations Peter Boelaert +32 479 30 91 59 Laetitia Van Minnenbruggen +32 484 65 30 47 Valérie Goutherot +33 6 77 05 04 79 Boris Cambon-Lalanne +32 471 55 37 49 Geoffroy d'Oultremont +32 478 88 32 96 Vincent Toussaint +33 6 74 87 85 65 Safe harbor This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Solvay Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of around 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world's most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay's unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. As a world-leading company with €4.7 billion in underlying net sales in 2024, Solvay is listed on Euronext Brussels and Paris (SOLB). For more information about Solvay, please visit or follow Solvay on communiqué de presse est également disponible en franç persbericht is ook in het Nederlands Press release 2024 payments to governments
Yahoo
18-03-2025
- Business
- Yahoo
Participation notification by BNP Paribas Asset Management
Press release Regulated information Brussels, March 18, 2025, 18:00 CET In line with Belgian transparency legislation (Law of May 2, 2007), BNP Paribas Asset Management Holding recently sent to Solvay the following transparency notification indicating that they crossed the threshold of 3%. Here is a summary of the notification: Date on which the threshold was crossed Voting rights after the transaction Equivalent financial instruments after the transaction Total March 11, 2025 2.95% 0.00% 2.95% The notification, dated March 13, 2025, contains the following information: Reason for the notification: Acquisition or disposal of voting securities or voting rights Downward crossing of the lowest threshold Notified by: A parent undertaking or a controlling person Date on which the threshold is crossed: March 11, 2025 Threshold of direct voting rights crossed: 3% downwards Denominator: 105,876,416 Additional information: BNP Paribas Asset Management Europe SAS and BNP Paribas Asset Management UK Ltd are investment companies that exercise voting rights on a discretionary basis in the absence of specific instruction Persons subject to the notification requirement: BNP Paribas Asset Management Holding (SA 47000-75318 Paris cedex 09-France) Full chain of controlled undertakings through which the holding is effectively held: BNP Paribas Asset Management Europe SAS and BNP Paribas Asset Management UK Ltd are controlled by the parent company BNP Paribas Asset Management Holding. This parent company is controlled by the parent company BNP Paribas SA, which benefits from the exemption from aggregation of its shareholdings with those of its investment company subsidiaries, in accordance with art. 21 paragraph 2 of the Royal Decree of February 14, 2008 on the disclosure of major shareholdings. Transparency notifications are available on the Investor Relations Section of Solvay's website. Contacts Media relations Investor relations Peter Boelaert +32 479 30 91 59 Laetitia Van Minnenbruggen +32 484 65 30 47 Valérie Goutherot +33 6 77 05 04 79 Boris Cambon-Lalanne +32 471 55 37 49 Geoffroy d'Oultremont +32 478 88 32 96 Vincent Toussaint +33 6 74 87 85 65 About Solvay Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of circa 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world's most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay's unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. As a world-leading company with €4.7 billion in net sales in 2024, Solvay is listed on Euronext Brussels and Paris (SOLB). For more information about Solvay, please visit or follow Solvay on Linkedin. Ce communiqué de presse est également disponible en français. Dit persbericht is ook in het Nederlands beschikbaar. Attachments 20250313 BNP Paribas AM Notification 20250318_transparency declaration BNP Paribas AM_EN
