Solvay SA Reports Drop In Q3 Income
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2024
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Source: Business Insider
Earnings Decline: Solvay SA reported a significant decrease in third-quarter earnings, totaling Euro19 million or Euro0.18 per share, down from Euro220 million or Euro2.09 per share in the same period last year.
Revenue Drop: The company's revenue fell by 8.8% to Euro1.246 billion compared to Euro1.366 billion in the previous year's third quarter.
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.
