SOLB Solvay SA

Publication of 2019 Solvay Annual Integrated Report and Report on Payment to Governments

Publication of 2019 Solvay Annual Integrated Report and Report on Payment to Governments

Brussels, March 31, 2020 – Solvay publishes today its fourth . This report reflects Solvay’s progress on an integrated management journey that began in 2012. It covers the year 2019, provides elements and reporting principles recommended by the International Integrated Reporting Council (IIRC) and is elaborated following the guidance of the World Business Council For Sustainable Development (WBCSD). 

The report contains: 

  • A summarized version of the "Understanding Solvay" section which details the Group's new purpose, the G.R.O.W. strategy, its streamlined business model and the updated Sustainable Value Creation model. The full “Understanding Solvay” section will be available in the digital version. 
  • The Management report presents the Governance report, Risk Management report, Business review integrating the Alternative Performance Measures (APM) reconciliation, Extra-Financial Statements, Financial Statements, together with the Auditors' reports.

Please note that the digital version of the Annual Integrated Report with the full “Understanding Solvay” section and the full Global Reporting Initiative (GRI) Index will be available on April 7, 2020.

Solvay today also publishes its 2019 report on payment to governments. This document is available in the section of Solvay's website.

Attachments

EN
31/03/2020

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