Edition:
India

Solvac SA (SOAC.BR)

SOAC.BR on Brussels Stock Exchange

129.00EUR
18 Apr 2019
Change (% chg)

€-1.00 (-0.77%)
Prev Close
€130.00
Open
€130.00
Day's High
€130.00
Day's Low
€129.00
Volume
623
Avg. Vol
843
52-wk High
€137.00
52-wk Low
€109.50

Latest Key Developments (Source: Significant Developments)

Solvay Exercises First Call Option On EUR 700 Million Hybrid Bond
Wednesday, 3 Apr 2019 

April 3 (Reuters) - SOLVAY ::SOLVAY EXERCISES FIRST CALL OPTION ON A EUR 700 MILLION HYBRID BOND.REPAYMENT IS DUE ON MAY 12, 2019 AT END OF FIRST 5.5 YEARS.  Full Article

Solvac FY Net Profits Increase 4.6 Pct YoY In 2018
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - SOLVAC SA ::REG-SOLVAC: INCREASE IN NET PROFITS OF 4.6% COMPARED TO 2017.GROSS DIVIDEND OF SOLVAY REACHES EUR 3.75 FOR FISCAL YEAR 2018, UP TO 4.2 %..FY OPERATING LOSS EUR 1.4 MILLION VERSUS LOSS OF EUR 1.2 MILLION YEAR AGO.FY CASH INCOME EUR 111.8 MILLION VERSUS EUR 106.7 MILLION YEAR AGO.FY NET INCOME EUR 265.1 MILLION VERSUS EUR 328.4 MILLION YEAR AGO.  Full Article

Solvay: Long Term Partnership With National Institute For AIST In Japan
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - SOLVAY ::LAUNCH OF LONG TERM PARTNERSHIP WITH NATIONAL INSTITUTE FOR ADVANCED INDUSTRIAL SCIENCE AND TECHNOLOGY IN JAPAN.JOINT RESEARCH AGREEMENT IS AIMED AT EXPLORING NEW WAYS OF SYNTHESIS OF SPECIALTY CHEMICALS.  Full Article

PMC Group International Says Acquisition Of Product Line From Solvay, SA
Wednesday, 16 Jan 2019 

Jan 15 (Reuters) - Solvac SA ::PMC GROUP INTERNATIONAL ANNOUNCES ACQUISITION OF PRODUCT LINE FROM SOLVAY, SA.  Full Article

Solvac Decides To Pay Second Interim Dividend
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - SOLVAC SA ::2018 TOTAL DIVIDEND INCREASE OF 4.0%.INTERIM DIVIDEND WILL REPRESENT THE BALANCE OF THE TOTAL DIVIDEND PAYMENT FOR THE ACCOUNTING YEAR 2018.SECOND INTERIM DIVIDEND, PAYABLE ON DECEMBER 28, 2018, AMOUNTS TO €2.22 GROSS PER SHARE.SHARES WILL BE TRADED “EX DIVIDEND” ON THE STOCK EXCHANGE AS FROM DECEMBER 14, 2018.TOTAL DIVIDEND 2018 IS €5.22 GROSS PER SHARE, AN INCREASE OF 4.0 % COMPARED WITH 2017.  Full Article

Solvay And Composites One Announce North-America Distribution Agreement For Process Materials And Tooling Product Lines
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - SOLVAY ::SOLVAY HAS APPOINTED COMPOSITES ONE AS A NEW NORTH AMERICA DISTRIBUTOR FOR ITS PROCESS MATERIALS AND TOOLING PRODUCT LINES.THIS NEW APPOINTMENT PROVIDES SOLVAY WITH WIDER ACCESS TO A LARGE GEOGRAPHY AND MULTIPLE MARKET SEGMENTS, THUS IMPROVING ITS ABILITY TO SERVICE CUSTOMERS.SOLVAY AND COMPOSITES ONE ANNOUNCE NORTH-AMERICA DISTRIBUTION AGREEMENT FOR THE PROCESS MATERIALS AND TOOLING PRODUCT LINES.  Full Article

Solvay 9 Month EBITDA Down At 1.47 Billion Euros
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - SOLVAY ::REG-2018 FIRST NINE MONTHS RESULTS: VOLUME GROWTH SUSTAINED.9MTH UNDERLYING EBITDA: EUR 1,725 MILLION -1% (+6% ORGANICALLY ).Q3 NET SALES EUR 2.59 BILLION VERSUS EUR 2.54 BILLION IN REUTERS POLL.Q3 REUTERS POLL: NET SALES EUR 2.54 BILLION; UNDERLYING EBITDA EUR 574 MILLION.9MTH EBITDA MARGIN WAS DOWN SLIGHTLY AT 22%.Q3 PROFIT ATTRIBUTABLE TO SHAREHOLDERS EUR 277 MILLION VERSUS EUR 179 MILLION YEAR AGO.INTERIM DIVIDEND OF EUR 1.44 GROSS PER SHARE, A 4.3% INCREASE, WILL BE PAYABLE ON JANUARY 17, 2019.9MTH FREE CASH FLOW TO SOLVAY SHAREHOLDERS INCREASED 7% TO EUR 271 MILLION.2018 OUTLOOK CONFIRMED.Q3 UNDERLYING EBITDA EUR 574 MILLION VERSUS EUR 574 MILLION IN REUTERS POLL.  Full Article

Solvay Mid-Term Growth Potential For Underlying EBITDA at 6 to 9%
Monday, 24 Sep 2018 

Sept 24 (Reuters) - SOLVAY ::SOLVAY OUTLINES STRONG SUSTAINABLE GROWTH POTENTIAL AT ITS INVESTOR UPDATE.MID-TERM ANNUAL GROWTH POTENTIAL FOR UNDERLYING EBITDA OF 6 TO 9% ORGANICALLY, AND FOR FREE CASH FLOW TO SHAREHOLDERS OF 10 TO 15%;.MID-TERM GROWTH POTENTIAL OVER 2019-2021: 6 TO 10% GROWTH POTENTIAL IN ADVANCED FORMULATIONS.2 TO 6% MID TERM GROWTH POTENTIAL IN PERFORMANCE CHEMICALS.CASH FLOW RETURN ON INVESTMENT HAS THE POTENTIAL TO INCREASE 50 TO 100 BASIS POINTS OVER THE NEXT THREE YEARS.MID-TERM 6 TO 10% GROWTH POTENTIAL IN ADVANCED MATERIALS, DRIVEN BY LEADING MARKET POSITIONS.  Full Article

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