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Solvac SA (SOAC.BR)

SOAC.BR on Brussels Stock Exchange

119.00EUR
16 Aug 2019
Change (% chg)

€0.50 (+0.42%)
Prev Close
€118.50
Open
€118.50
Day's High
€119.00
Day's Low
€118.50
Volume
22
Avg. Vol
924
52-wk High
€137.00
52-wk Low
€108.00

Latest Key Developments (Source: Significant Developments)

Solvay Takes Key Step In Divestment Of Polyamides
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - SOLVAY ::SOLVAY AND BASF HAVE REACHED AN AGREEMENT WITH DOMO CHEMICALS WHEREBY DOMO CHEMICALS IS TO ACQUIRE SOLVAY POLYAMIDE ASSETS.BASF WILL ACQUIRE ALL ACTIVITIES THAT ARE NOT INCLUDED IN REMEDY PACKAGE AND THAT ARE PART OF ORIGINAL AGREEMENT BETWEEN SOLVAY AND BASF.ENTIRE TRANSACTION, WHICH IS BASED ON A PURCHASE PRICE OF EUR 1.6 BILLION ON A DEBT FREE AND CASH FREE BASIS, IS EXPECTED TO BE COMPLETED BY END OF 2019.SOLVAY, BASF AND DOMO WILL CONTINUE TO RUN THEIR BUSINESSES SEPARATELY UNTIL COMPLETION OF TRANSACTION.  Full Article

Solvac H1 Cash Income Up At 119.3 Million Euros
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Solvac Sa ::H1 CASH INCOME EUR 119.3 MILLION VERSUS EUR 114.3 MILLION YEAR AGO.H1 OPERATING LOSS EUR 0.8 MILLION VERSUS LOSS OF EUR 0.8 MILLION YEAR AGO.  Full Article

Solvay To Raise Hydroquinone Capacity In Europe By 20 Pct
Tuesday, 26 Mar 2019 

March 26 (Reuters) - SOLVAY ::SOLVAY TO RAISE HYDROQUINONE CAPACITY IN EUROPE BY 20%.THE PROJECT SHOULD BE FULLY OPERATIONAL IN Q2-2019.THIS CAPACITY EXPANSION IS AT ITS PLANT IN SAINT-FONS, FRANCE.  Full Article

Solvay Q4 Underlying Ebitda Of 506 Million Euros, Up 2.5 Pct
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - SOLVAY ::DIVIDEND RECOMMENDED EUR 3.75.FY UNDERLYING EBITDA EUR 2,230 MILLION +0% ; +5.3% ORGANICALLY.FY EBITDA MARGIN SUSTAINED AT 22%.EXPECTS 2019 EBITDA TO GROW MODESTLY AND TO BE BACK-ENDED, WITH ORGANIC GROWTH IN Q1 BROADLY FLAT, RELATIVE TO STRONG 2018 PERFORMANCE.WILL CONTINUE TO FOCUS ON COST DISCIPLINE AND ON DELEVERAGING BALANCE SHEET WITH CONTINUED SOLID OPERATIONAL FREE CASH FLOW DELIVERY.Q4 UNDERLYING EBITDA EUR 506 MILLION +2.5% ; +3.6% ORGANICALLY.Q4 SALES GREW ORGANICALLY BY +4.3% DRIVEN MAINLY BY PRICING.FY FREE CASH FLOW FROM CONTINUING OPERATIONS EUR 830 MILLION VERSUS EUR 782 MILLION IN 2017.  Full Article

Basf Expects Closing Of Solvay Polyamide Deal In H2 2019
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Basf says::EXPECTS CLOSING OF SOLVAY POLYAMIDE DEAL IN H2 2019 - SPOKESMAN.9 OUT OF 10 REGULATORY BODIES HAVE GIVEN THEIR APPROVAL, CHINA DECISION STILL OUTSTANDING.SPOKESMAN SAYS EU MERGER REVIEW WAS BIGGEST HURDLE.TALKS WITH POTENTIAL BUYERS OF ANTITRUST ASSETS ONGOING, NO COMMENT ON DETAILS.  Full Article

Solvay To Lift PVDF Capacity In Europe By 35%
Monday, 24 Sep 2018 

Sept 24 (Reuters) - SOLVAY ::SOLVAY TO LIFT PVDF CAPACITY IN EUROPE BY 35% ADDRESSING BOOMING DEMAND GROWTH FOR ELECTRIC VEHICLE BATTERIES.THE NEW CAPACITY, FROM INVESTING IN NEW ASSETS, SHOULD BE OPERATIONAL BY END OF 2019.  Full Article

Solvay And Bell Sign Supply Agreement For Rotorcraft Programs
Monday, 10 Sep 2018 

Sept 10 (Reuters) - SOLVAY ::SOLVAY AND BELL SIGN SUPPLY AGREEMENT FOR ROTORCRAFT PROGRAMS.SAYS SOLVAY WILL SUPPLY BELL WITH A PORTFOLIO OF STRUCTURAL COMPOSITES AND ADHESIVES INCLUDING CYCOM® 5320-1, CYCOM® 5250-4, CYCOM® 5276-1, AND FM® 300.SIGNS 10-YEAR SUPPLY AGREEMENT.  Full Article

Solvay And RUAG Sign New Supply Agreement
Thursday, 31 May 2018 

May 31 (Reuters) - SOLVAY ::SOLVAY AND RUAG SIGN NEW SUPPLY AGREEMENT FOR NEXT-GENERATION LAUNCHER PROGRAMS.WILL SUPPLY MTM 46 COMPOSITE PRODUCTS FOR RUAG.  Full Article

Solvay Specialty Polymers To Sell Its Porto Marghera Plant In Italy
Thursday, 15 Mar 2018 

March 15 (Reuters) - SOLVAY ::SOLVAY SPECIALTY POLYMERS TO SELL ITS PORTO MARGHERA PLANT IN ITALY.SALE EXPECTED TO CLOSE IN H1 2018 AND IT IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS.  Full Article

Solvac FY Net Income Up At 328 Million Euros
Thursday, 1 Mar 2018 

March 1 (Reuters) - SOLVAC SA ::FY NET INCOME EUR 328 MILLION VERSUS EUR 190.0 MILLION YEAR AGO‍​.FY OPERATING LOSS EUR 1.2 MILLION VERSUS EUR 1.5 MILLION YEAR AGO‍​.2017 GROSS DIVIDEND PER SHARE EUR 5.02 VERSUS EUR 4.80 YEAR AGO‍​.‍TO PAY ON MAY 23, 2018 BALANCE DUE ON DIVIDEND FOR 2017, WHICH COMES TO EUR 2.22 GROSS PER SHARE​.  Full Article