Company Solvay SA

Equities

SOLB

BE0003470755

Diversified Chemicals

Real-time Euronext Bruxelles 04:44:56 2024-03-19 am EDT 5-day change 1st Jan Change
23.54 EUR +0.43% Intraday chart for Solvay SA -6.77% -15.11%

Business Summary

Following the spinoff of its Specialty Chemicals business Syensqo in December 2023, Solvay SA is focused on providing chemical products and intermediates to customers in a broad range of consumer and industrial end-markets. Originally founded in 1863, Solvay's current portfolio is operated through five divisions: Soda Ash and Derivatives, Peroxides, Silica, Special Chem and Coatis. Solvay SA offers customer-proximate regional locations, large scale as well as competitive cost curve positioning due to the vertical integration in its main businesses, process technology and product know-how. The company has a balanced global footprint with 7 major R&I centres as well as 42 industrial sites in 20 countries across the world.

Number of employees: 9,000

Sales per Business

EUR in Million2021Weight2022Weight Delta
Solutions
36.1 %
3,838 38.0 % 4,846 36.1 % +26.26%
Chemicals
33.5 %
3,357 33.2 % 4,496 33.5 % +33.93%
Materials
30.4 %
2,903 28.7 % 4,075 30.4 % +40.37%
Corporate & Business Services
0.1 %
7 0.1 % 9 0.1 % +28.57%

Sales per region

EUR in Million2021Weight2022Weight Delta
United States
25.0 %
2,496 24.7 % 3,362 25.0 % +34.70%
China
11.4 %
1,203 11.9 % 1,533 11.4 % +27.43%
Brazil
8.6 %
813 8.0 % 1,156 8.6 % +42.19%
Other
7.1 %
617 6.1 % 958 7.1 % +55.27%
Germany
7.0 %
737 7.3 % 940 7.0 % +27.54%
European Union - Other
5.3 %
491 4.9 % 706 5.3 % +43.79%
Italy
4.1 %
431 4.3 % 546 4.1 % +26.68%
France
3.6 %
363 3.6 % 479 3.6 % +31.96%
Japan
3.4 %
340 3.4 % 460 3.4 % +35.29%
Europe - Other
3.2 %
352 3.5 % 431 3.2 % +22.44%
Latin America - Other
3.1 %
280 2.8 % 421 3.1 % +50.36%
South Korea
2.7 %
301 3.0 % 367 2.7 % +21.93%
Mexico
2.1 %
215 2.1 % 288 2.1 % +33.95%
India
2.0 %
240 2.4 % 272 2.0 % +13.33%
Belgium
1.7 %
170 1.7 % 230 1.7 % +35.29%
Thailand
1.6 %
175 1.7 % 214 1.6 % +22.29%
Spain
1.4 %
144 1.4 % 191 1.4 % +32.64%
Canada
1.3 %
134 1.3 % 170 1.3 % +26.87%
Indonesia
1.2 %
115 1.1 % 165 1.2 % +43.48%
Saudi Arabia
1.0 %
128 1.3 % 134 1.0 % +4.69%
Australia
0.9 %
90 0.9 % 121 0.9 % +34.44%
Netherlands
0.8 %
88 0.9 % 104 0.8 % +18.18%
Turkey
0.7 %
74 0.7 % 97 0.7 % +31.08%
Hong Kong
0.5 %
42 0.4 % 65 0.5 % +54.76%
Russia
0.1 %
66 0.7 % 14 0.1 % -78.79%

Managers

Managers TitleAgeSince
Chief Executive Officer - Dec. 07
Director of Finance/CFO - Dec. 07
Chief Operating Officer - Dec. 07
Human Resources Officer - Dec. 07
General Counsel 46 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 18-05-07
Director/Board Member 72 14-05-12
Chairman 62 97-12-31
Director/Board Member 64 20-12-31
Director/Board Member 65 15-03-31
Director/Board Member 69 17-05-08
Director/Board Member 69 12-12-31
Director/Board Member 63 21-12-31
Director/Board Member 49 20-05-11
Director/Board Member 46 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 105,876,416 71,027,315 ( 67.09 %) 2,107,752 ( 1.991 %) 67.09 %

Shareholders

NameEquities%Valuation
32,622,000 30.81 % 830 M €
DME Advisors GP LLC
3.125 %
3,308,130 3.125 % 84 M €
SOLVAY SA
1.990 %
2,107,000 1.990 % 54 M €
Amundi Asset Management SA (Investment Management)
1.424 %
1,507,492 1.424 % 38 M €
BNP Paribas Asset Management Belgium SA
1.307 %
1,384,078 1.307 % 35 M €
CapitalatWork SA
0.4620 %
489,100 0.4620 % 12 M €
Eurizon Capital SGR SpA
0.4358 %
461,374 0.4358 % 12 M €
State Street Global Advisors France SA
0.3631 %
384,456 0.3631 % 10 M €
Arca Fondi SGR SpA
0.2286 %
242,063 0.2286 % 6 M €
AG2R LA MONDIALE GESTION d'ACTIFS SA
0.2250 %
238,228 0.2250 % 6 M €

Holdings

NameEquities%Valuation
1,861,203 1.76% 166,384,866 $
2,107,000 1.99% 53,582,127 $

Company contact information

Solvay SA

310, rue de Ransbeek

1120, Brussels

+32 2 264 21 11

http://www.solvay.com
address Solvay SA(SOLB)

Group companies

NameCategory and Sector
Investment Managers
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Major Diversified

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
23.44 EUR
Average target price
36.22 EUR
Spread / Average Target
+54.52%
Consensus