Solvay

Essential for generations

Company type

Large company


Sector

Chemistry


Location

Brussels

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Solvay third quarter 2024 results

We are proud to announce another solid financial performance for Solvay this past quarter. Despite a challenging market environment, we have continued to stay resilient and adaptable, securing growth in critical areas and delivering on our commitments.

Key highlights from Q3 2024:
1️⃣ Net Sales: Sequential volume improvement for the third consecutive quarter.
2️⃣ EBITDA: Reached €259M, stable year-on-year.
3️⃣ Free Cash Flow: A robust €74M in Q3 and €320M over the first nine months.
4️⃣ Sustainable Growth: In October, we launched our regenerative thermal oxidation (RTO) process at the Green River plant in the U.S., setting a new standard in the trona mining industry.

Our continued investments, cost-saving initiatives, and focus on essential chemistry are preparing us for the future. Together, we are making strides towards a more sustainable and essential future.

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