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Solvac SA (SOAC.BR)

SOAC.BR on Brussels Stock Exchange

134.00EUR
17 Aug 2018
Change (% chg)

€-1.00 (-0.74%)
Prev Close
€135.00
Open
€135.00
Day's High
€135.00
Day's Low
€134.00
Volume
234
Avg. Vol
887
52-wk High
€141.95
52-wk Low
€125.00

Latest Key Developments (Source: Significant Developments)

Solvay Says Announcement on CEO Succession Expected In October -Conf Call
Tuesday, 31 Jul 2018 

July 31 (Reuters) - SOLVAY ::ON CEO SUCCESSION: WE SHOULD EXPECT THE ANNOUNCEMENT WITHIN MONTH OF OCTOBER -CONF CALL.ON NEW CEO: NEW CEO NOT EXPECTED TO COME WITH NEW STRATEGIES AS BOARD IS PLEASED WITH CURRENT STRATEGIES -CONF CALL.ON FX IMPACT: IT STILL HAS A BIT OF A NEGATIVE IMPACT AND A DRAG ON RESULTS -CONF CALL.ON SPECIALTY POLYMERS: WE SEE LESS OF CONTRIBUTION OF SMART DEVICES INTO OUR RESULTS -CONF CALL.ON CEO SUCCESSION: LOOKING FOR SOMEONE TO CONTINUE TRANSFORMATIONS WITHIN ALREADY IMPLANTED STRATEGIES -CONF CALL.ON PEROXYDE BUSINESS: NORTH AMERICAN SITUATION HAS NORMALIZED FOR US -CONF CALL.ADVANCED MATERIALS: DEMAND CONTINUES TO INCREASE ALTHOUGH SLOWLY -CONF CALL.ADVANCED MATERIALS: SOFTER GROWTH DUE TO SMART DEVICES, INSULATION MARKETS AND DIESEL-TO-GASOLINE SWITCH HEADWINDS -CONF CALL.  Full Article

Solvay 2018 First Half Results Strong Volume Growth Counters Forex Headwinds
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Solvay ::REG-SOLVAY 2018 FIRST HALF RESULTS: STRONG VOLUME GROWTH COUNTERS FOREX HEADWINDS.EBITDA MARGIN REMAINED AT A RECORD 23%.2018 OUTLOOK CONFIRMED.SAYS SALES AND EBITDA GREW 6% ORGANICALLY IN FIRST HALF OF 2018.Q2 UNDERLYING EBITDA EUR 618 MILLION VERSUS EUR 593 MILLION IN REUTERS POLL.Q2 UNDERLYING PROFIT ATTRIBUTABLE TO SOLVAY SHARE EUR 339 MILLION VERSUS EUR 309.0 MILLION YEAR AGO.Q2 NET SALES EUR 2.60 BILLION VERSUS EUR 2.60 BILLION IN REUTERS POLL.OUTLOOK 2018: SAYS FREE CASH FLOW FROM CONTINUING OPERATIONS ABOVE THE 2017 LEVEL.  Full Article

Solvay Says Argosy Signs Agreement With Co To Transition Composite Materials Business
Thursday, 7 Jun 2018 

June 7 (Reuters) - SOLVAY ::ARGOSY SIGNS AGREEMENT WITH SOLVAY TO TRANSITION COMPOSITE MATERIALS BUSINESS IN ASIA PACIFIC REGION.CONTRACT EFFECTIVE OCTOBER 1, 2018.AGREEMENT INCLUDES PURCHASE OF CERTAIN ARGOSY ASSETS THAT WILL BE USED TO SERVICE REGION.  Full Article

Solvay Says UK High Court Judged Solvay Patent EP 1435338 To Be Valid And Infringed By Neo Activities In UK
Wednesday, 2 May 2018 

May 2 (Reuters) - Solvay ::SAYS UK HIGH COURT HAS JUDGED SOLVAY PATENT EP 1435338 RELATING TO CERTAIN CERIC OXIDES USED IN AUTOMOTIVE EXHAUST CATALYSTS, TO BE VALID AND INFRINGED BY NEO ACTIVITIES IN UK.SAYS NO PERMISSION TO APPEAL HAS BEEN GRANTED AT THIS TIME.  Full Article

Solvay Announces Plans To Simplify Its Organization
Thursday, 29 Mar 2018 

March 29 (Reuters) - Solvay ::ANNOUNCES PLANS TO SIMPLIFY ITS ORGANIZATION.SIMPLIFICATION OF THE ORGANIZATION SHOULD LEAD TO ABOUT 600 NET REDUNDANCIES‍​.RELOCATION FROM AUBERVILLIERS AND PARIS TO LYON AND BRUSSELS.NATURAL TURNOVER, VOLUNTARY LEAVE AND INTERNAL REPOSITIONING WILL HELP MITIGATE THESE IMPACTS‍​.  Full Article

Solvay And Debotech Announce Partnership As Usa Bobsled And Skeleton Technology
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - SOLVAY ::SA - SOLVAY AND DEBOTECH ANNOUNCED AS USA BOBSLED AND SKELETON TECHNOLOGY PARTNERS.  Full Article

‍Solvay And Boeing Sign Materials Supply Agreement For 777X Program​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Solvay ::‍SOLVAY AND BOEING SIGN MATERIALS SUPPLY AGREEMENT FOR 777X PROGRAM​.  Full Article

Solvac 2017 Total Dividend Increases By 4.6 Pct Compared To Year Ago
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - SOLVAC SA ::REG-SOLVAC SA : 2017 TOTAL DIVIDEND INCREASE OF 4.6 %.TO PAY A SECOND INTERIM DIVIDEND.SECOND INTERIM DIVIDEND, PAYABLE ON DECEMBER 28, 2017, AMOUNTS TO EUR 2.14 GROSS PER SHARE..  Full Article

Solvay to sell Charleston plant in the US and associated phosphorus business
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - SOLVAY ::REG-SOLVAY TO SELL ITS CHARLESTON PLANT IN THE U.S. AND ASSOCIATED PHOSPHORUS BUSINESS.‍BUSINESS REPRESENTS SALES OF APPROXIMATELY EUR 65 MILLION​.‍COMPLETION OF TRANSACTION IS EXPECTED IN FIRST HALF OF 2018​.SOLVAY - ‍AGREED TO SELL PLANT TO GERMAN SPECIALTY CHEMICALS COMPANY LANXESS​.  Full Article

Solvay underlying EBITDA down at 553 million euros
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - SOLVAY ::ON TRACK TO ACHIEVE FULL YEAR 2017 EBITDA AND FREE CASH FLOW OUTLOOK‍​.Q3 UNDERLYING EBITDA EUR ‍​553 MILLION VERSUS EUR 559 MILLION IN REUTERS POLL.INTERIM GROSS DIVIDEND AT €1.38 PER SHARE, PAYABLE ON JANUARY 18, 2018..Q3 NET SALES EUR 2.5‍​ BILLION VERSUS EUR 2.49 BILLION IN REUTERS POLL.Q3 FREE CASH FLOW FROM CONTINUING OPERATIONS OF EUR 195 MILLION ‍​.  Full Article