Solvay SA (GB:0NZR) has released an update.
Solvay SA emphasized the robust cash generation and promising growth of its Performance Chemicals division during a webinar for investors. The segment, which accounts for 40% of the company’s 2023 net sales, has delivered consistent EBITDA growth and a high cash conversion ratio due to its exposure to strong market trends and leadership in innovation. Solvay’s commitment to sustainable solutions and a carbon-neutral future was also highlighted as part of its broader corporate vision.
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