Solvay reports Q3 results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2024
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Source: SeekingAlpha
Financial Performance: Solvay reported Q3 2024 net sales of €1,156 million, reflecting a 3.9% organic growth compared to Q3 2023, with underlying EBITDA remaining stable at €259 million.
Future Guidance: The company has confirmed its EBITDA and Free Cash Flow guidance for 2024, anticipating underlying EBITDA to be at the high end of the projected “-10% to -15%” organic growth range.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
