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Solvay (SLVYY)
OTHER OTC:SLVYY
Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
1.47Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -24.82%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced view with positive strides in sales and cash flow, significant sustainability achievements, and proactive cost-saving measures, counterbalanced by challenges in safety, pricing pressures, and lack of structural market recovery.Company Guidance
During the Q3 2024 earnings call for Solvay (SOLB.BR), the executives provided detailed guidance on several key metrics. The company reported a 4% organic year-on-year increase in Q3 sales, driven by higher volumes across most markets, although some incremental revenue from restocking and opportunistic sales did not continue into the third quarter. EBITDA was stable at EUR 259 million, with a margin of 22.4%, reflecting ongoing cost-saving initiatives that accumulated EUR 31 million in additional savings during the quarter. Solvay's guidance for the full-year 2024 indicates an expected organic growth in EBITDA between minus 10% and minus 15%, with expectations to be at the high end of this range due to accelerated cost savings and a new licensing agreement in their peroxides business. The company also reaffirmed its free cash flow guidance of over EUR 300 million and capital expenditure expectations of EUR 300 million to EUR 350 million, highlighting its ongoing transformation and strategic investments.Q3 Sales Growth
Q3 sales increased organically year-on-year by 4%, driven by higher volumes in most of Solvay's markets.
Free Cash Flow Achievement
Solvay delivered another good quarter of free cash flow while ramping up CapEx, supporting essential investments and shareholder returns.
Green River Project and Sustainability Efforts
Inaugurated a transformational project at the U.S. plant in Green River, expanding production by 600,000 tonnes and enhancing sustainability by phasing out coal and implementing emissions control technology, reducing greenhouse gas emissions by 8%.
Cost Savings Initiatives
Achieved EUR 31 million additional savings in Q3 2024, with a target to exceed EUR 80 million by the end of the year.
Peroxide Business Licensing
Secured a new license in China for a 300,000 tonnes per year propylene oxide facility, expected to contribute positively to Q4 financials.
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SLVYY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SLVYY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $4.07 | $3.69 | -9.34% |
| Jul 31, 2024 | $3.53 | $3.46 | -1.98% |
| May 07, 2024 | $3.18 | $3.64 | +14.47% |
| Mar 13, 2024 | $2.68 | $2.61 | -2.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Solvay (SLVYY) report earnings?
Solvay (SLVYY) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Solvay (SLVYY) earnings time?
Solvay (SLVYY) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLVYY EPS forecast?
Currently, no data Available
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