Solvay : Preview 1Q21 results due 5 May
>We forecast EBITDA of € 534m, in line with consensus - Solvay is to report its 1Q21 results on 5 May at 07.00 CET followed by a conference call at 15.00, accessible via /en/investors/financial-calendar-events-presentations/webcasts-podcasts-presentations. We forecast EBITDA of € 534m, down 6% yoy and in line with consensus (Vara).We are below consensus on Materials and above on Chemicals and Solutions - We expect 1Q21 net sales ...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).
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.
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