Report
Emmanuel Matot

Solvay : EBITDA S1 en ligne avec l’objectif 2018

>EBITDA 5% au-dessus des attentes au T2 – Solides performances du pôle Advanced Formulations - Solvay vient de publier ses résultats T2 2018.En première lecture, ils font ressortir un EBITDA à 618 M€, en baisse de 3% par rapport au T2 2017 (+4% en organique vs. +9% au T1 – base de comparaison plus compliquée) mais 5% au-dessus des attentes (Oddo/consensus = 588 M€). Aucune division opérationnelle ne déçoit, avec des baisses de profits sans surprise et sous contrô...
Underlying
Solvay SA

Solvay is engaged in chemical and plastic businesses worldwide. Co. offers chemical products such as advanced materials, barium strontium, calcium chloride, caustic soda, chlorinated products, fluor, peroxygen products, polyglycerols, precipitated calcium carbonate, soda ash, and sodium bicarbonate. It also provides specialty polymers, such as Spire ultra polymers, Solviva biomaterials, and sulfone polymers. Co. structures its activities around five operating segments: Advanced Formulations, Advanced Materials, Performance Chemicals, Functional Polymers and Corporate & Business Services, each with its own specific business model and each comprised of Global Business Units (GBUs).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Emmanuel Matot

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