Solvay 2023 third quarter results

Solvay 2023 third quarter resultsStrong cash generation and sustained margins in a weak demand environment   Highlights Net salesin the third quarter of 2023 were down by -20.3% organically versus a record Q3 2022 as expected due to -15% lower volumes (€-512 million) in a weaker macro environment and -5% lower prices (€-188 million) in a context of lower raw material costs and energy prices. On a sequential basis, net sales were down -11% versus Q2. The volume reduction was...

November 3, 03/11/2023 (informazione.news - comunicati stampa - industria)

 

 

 

Given the current volume momentum, we reconfirm our full year guidance, at the lower end of the prior EBITDA guidance range.

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