SOLB Solvay SA

Participation Notification by Solvac SA

Participation Notification by Solvac SA

  

Brussels, March 29, 2021, 08:30 CET - According to the Belgian transparency legislation in force (Law of May 2, 2007), SOLVAC SA (Rue des Champs Elysées 43 – 1050 Brussels – Belgium) has been notified by SSOM, an affiliate of Solvay SA, that it has crossed downwards the statutory declaration threshold of 3% of the existing voting rights emitted by Solvay SA, with a total of 2.99% (2.27% of direct voting rights + 0.72% of other financial instruments). Solvac SA has notified Solvay SA that, on March 19, 2021 the combined holding by Solvac and SSOM reached 33.80% of the existing voting rights. Shares held by SSOM are held as part of the Group's strategy to hedge the plan linked to stock options granted to senior executives of the Group.

The transparency notification is available on the of Solvay's website.

 

Attachments



EN
29/03/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Solvay SA

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

CFE: Preview: underlying 2026 margin to improve / DEME: Preview: strong 2025, eyes on 2026 outlook / JDE Peet's: Acquisition by KDP expected to close in 2Q26 / Solvay: 2025 ends with strong FCF; 2026F und. EBITDA guidance slightly below, supported by one-off / UCB: Peer Moonlake investor day / Vastned: Beat on bottom line with operational metrics accelerating, but outlook remains weak

Mathijs Geerts Danau ... (+4)
  • Mathijs Geerts Danau
  • Michiel Declercq
  • Thibault Leneeuw
  • Wim Hoste
Wim Hoste
  • Wim Hoste

Solvay FIRST LOOK: 4Q25 soft but in line with consensus, cautious FY26...

4Q uEBITDA dropped by c. 30% organ. and was in line with CSS and c. 5% below our forecast. FY26 uEBITDA guidance of € 770-850m represents a 4-13% y/y decline and is at midpoint c. 2% below consensus and 7% below our forecast. The dividend policy (stable to increasing from a € 2.43 base) looks increasingly generous as the FY26 FCF will not be enough to service the dividend and will hence push up leverage from the current 1.8x. Despite the attractive dividend yield (c 9%), the tough market conditi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch