Solvay expects second-quarter sales of more than 3.4 billion euros

Latest News: On July 20, based on unaudited preliminary data, Solvay announced that the company’s second quarter 2022 net sales are expected to be in the range of 3.4 billion euros to 3.5 billion euros. Profit before tax, depreciation and amortization will be in the range of around 855 million euros to 865 million euros.

Solvay explained that the quarter’s results were boosted by both sales volumes and pricing strategy, which helped to smooth out the volatile cost increases, and the three business segments, including materials, solutions and chemicals, were all driven by strong financial results. performance contributed.

In view of the better-than-expected performance, Solvay plans to announce its second-quarter earnings report on July 28, while raising its full-year 2022 performance forecast.