Press release |
Third quarter underlying EBITDA is expected to be around €900 million.
Based on unaudited preliminary figures,
Taking into account both the strong performance year-to-date, and fourth quarter order levels that indicate some weakening,
In the context of the challenging economic conditions, the company will further reinforce cost discipline so as to preserve the resilience of Solvay’s businesses, while continuing to invest in its future growth.
Further details will be provided when the company reports third quarter earnings on
Safe harbor
This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
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Solvay expects record third quarter results and raises full year guidance
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