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Solvay Sa Adr (SLVYY)
:SLVYY
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.11Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 4.64%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Solvay's strong financial performance and successful cost-saving initiatives amidst a challenging economic environment. The company made significant progress in sustainability efforts. However, the call also underscored safety challenges, decreased net sales, and pressures in some segments.Company Guidance
In the Solvay 2024 Full Year Results Conference Call, the company provided guidance for 2025 with expectations of an underlying EBITDA between €1 billion and €1.1 billion. They anticipate net pricing to remain resilient compared to 2024 and plan to achieve an additional €90 million in cost savings. This will contribute to a cumulative €200 million in cost savings since 2023, supporting their EBITDA target. Furthermore, Solvay projects free cash flow to shareholders from continuing operations to be approximately €300 million, with capital expenditures ranging between €300 million and €350 million. Solvay remains committed to achieving carbon neutrality by 2050, with an interim target of reducing greenhouse gas emissions by 30% by 2030, having already achieved a 17% reduction so far. They plan to invest €30 million to €35 million annually until 2030 in sustainability projects, increasing to €50 million per year by 2040.Solid Financial Performance
Solvay reported an EBITDA of €1.52 billion for 2024, supported by cost savings well above forecasts due to accelerated initiatives. Free cash flow was €361 million, highlighting the resilience of the company in a volatile economic landscape. The company also successfully issued a €1.5 billion bond.
Operational Excellence and Cost Savings
Solvay achieved cost savings of €110 million in 2024, exceeding their target of €80 million. The company increased its cost savings target to €350 million by 2028, with €200 million expected by the end of 2025.
Sustainability and Energy Transition Progress
Solvay launched the 'Four Generations' sustainability roadmap, maintaining its target for carbon neutrality by 2050 and achieving a 17% reduction in greenhouse gas emissions so far. The company exited coal at two plants in 2024 and launched projects to support biodiversity.
Strong Performance in Basic Chemicals
The Basic Chemicals segment demonstrated solid performance in Q4 2024, with soda ash volumes higher especially in the seaborne market and a strong demand for bicarbonate.
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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 |
|---|---|---|---|
| Mar 06, 2025 | $3.45 | $3.54 | +2.61% |
| 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% |
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 Sa Adr (SLVYY) report earnings?
Solvay Sa Adr (SLVYY) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Solvay Sa Adr (SLVYY) earnings time?
Solvay Sa Adr (SLVYY) earnings time is at May 08, 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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