Company Solvay SA

Equities

SOLB

BE0003470755

Diversified Chemicals

Market Closed - Euronext Bruxelles 11:35:07 2024-07-12 EDT 5-day change 1st Jan Change
32.59 EUR +0.74% Intraday chart for Solvay SA -2.75% +17.53%

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 12 major R&I centres as well as 45 industrial sites in 41 countries across the world.

Number of employees: 9,000

Sales per Business

EUR in Million2022Weight2023Weight Delta
Basic Chemicals
55.9 %
- - 2,726 55.9 % -
Performance Chemicals
44.0 %
- - 2,148 44.0 % -
Corporate & Business Services
0.1 %
9 0.1 % 6 0.1 % -33.33%

Sales per region

EUR in Million2022Weight2023Weight Delta
United States
17.0 %
3,362 25.0 % 830 17.0 % -75.31%
Brazil
12.5 %
1,156 8.6 % 610 12.5 % -47.23%
Germany
9.2 %
940 7.0 % 449 9.2 % -52.23%
European Union - Other
8.5 %
706 5.3 % 415 8.5 % -41.22%
China
6.1 %
1,533 11.4 % 298 6.1 % -80.56%
Italy
5.5 %
546 4.1 % 267 5.5 % -51.10%
France
4.8 %
479 3.6 % 236 4.8 % -50.73%
Other
3.4 %
958 7.1 % 164 3.4 % -82.88%
Mexico
3.2 %
288 2.1 % 156 3.2 % -45.83%
Latin America - Other
3.1 %
421 3.1 % 149 3.1 % -64.61%
Thailand
2.8 %
214 1.6 % 139 2.8 % -35.05%
Spain
2.7 %
191 1.4 % 130 2.7 % -31.94%
South Korea
2.4 %
367 2.7 % 115 2.4 % -68.66%
Europe - Other
2.2 %
431 3.2 % 108 2.2 % -74.94%
Japan
2.1 %
460 3.4 % 100 2.1 % -78.26%
Saudi Arabia
2.0 %
134 1.0 % 99 2.0 % -26.12%
Belgium
1.9 %
230 1.7 % 92 1.9 % -60.00%
Malaysia
1.4 %
-- 66 1.4 % -
Indonesia
1.3 %
165 1.2 % 65 1.3 % -60.61%
Canada
1.2 %
170 1.3 % 58 1.2 % -65.88%
Netherlands
1.1 %
104 0.8 % 55 1.1 % -47.12%
India
1.1 %
272 2.0 % 55 1.1 % -79.78%
Vietnam
1.0 %
-- 48 1.0 % -
Egypt
0.9 %
-- 43 0.9 % -
Turkey
0.8 %
97 0.7 % 38 0.8 % -60.82%
Israel
0.7 %
-- 34 0.7 % -
South Africa
0.7 %
-- 32 0.7 % -
Australia
0.6 %
121 0.9 % 27 0.6 % -77.69%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 12-07
Director of Finance/CFO 51 96-12-31
Chief Operating Officer 56 12-07
Human Resources Officer 55 12-07
General Counsel 46 12-07

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 20-12-31
Director/Board Member 66 15-03-31
Chairman 63 21-12-31
Director/Board Member 49 20-05-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 105,876,416 72,265,518 ( 68.25 %) 868,490 ( 0.8203 %) 68.25 %

Shareholders

NameEquities%Valuation
32,621,583 30.81 % 1 149 M €
DME Advisors GP LLC
5.208 %
5,513,600 5.208 % 194 M €
BNP Paribas Asset Management Belgium SA
1.056 %
1,118,420 1.056 % 39 M €
SOLVAY SA
0.8208 %
868,990 0.8208 % 31 M €
Lemanik Asset Management SA
0.5658 %
599,000 0.5658 % 21 M €
Amundi Asset Management SA (Investment Management)
0.3576 %
378,654 0.3576 % 13 M €
State Street Global Advisors France SA
0.2277 %
241,107 0.2277 % 8 M €
Value Square NV
0.1708 %
180,854 0.1708 % 6 M €
Pacer Advisors, Inc.
0.1480 %
156,672 0.1480 % 6 M €
Eurizon Capital SGR SpA
0.1471 %
155,711 0.1471 % 5 M €

Holdings

NameEquities%Valuation
1,861,203 1.76% 166,700,787 $
868,990 0.82% 30,613,145 $

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
32.59 EUR
Average target price
31.9 EUR
Spread / Average Target
-2.12%
Consensus