Solvay

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Reuters - 1 settimana fa

French and Benelux stocks-Factors to watch

CORRECTED-French and Benelux stocks-Factors to watch Corrects item in final paragraph on Ubisoft Sept 26 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. LEBANON: The United States, France and several allies called for an immediate 21-day ceasefire across the Israel-Lebanon border while also expressing support for a ceasefire in Gaza following intense discussions at the United Nations on Wednes

Reuters - 1 settimana fa

Union calls for a strike after Solvay's plan to close a French plant

UPDATE 1-Union calls for a strike after Solvay's plan to close a French plant Adds company comments, further union comments and context Sept 25 (Reuters) - French labour union CGT at Solvay's SOLB.BR Salindres plant, in southern France, said on Wednesday it had called on employees to go on strike a day after the Belgian chemicals group announced it would close that facility .

Reuters - 1 settimana fa

Union calls for a strike after Solvay's intention to close a French plant

Union calls for a strike after Solvay's intention to close a French plant Sept 25 (Reuters) - French labour union CGT at Solvay's SOLB.BR Salindres plant, in southern France, said on Wednesday it had called on employees to go on strike a day after the Belgian chemicals group announced its intention to close that facility . "The CGT Solvay refuses to accept the closure of our activities and the loss of more than 68 jobs in a region already short of jobs", the union said in a statement.

Reuters - 1 settimana fa

French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 25 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. EXOR EXOR.AS : The Dutch investment holding company published results for the first half of the year with a net asset value of 38.34 billion euros.

Reuters - 2 settimane fa

Solvay to cut 68 jobs in Salindres site throughout 2025

CORRECTED-UPDATE 1-Solvay to cut 68 jobs in Salindres site throughout 2025 Corrects paragraph 5 to say the company expect to take a provision of 50 mln euros, not save the amount Sept 24 (Reuters) - Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France. "The envisaged discontinuation of these activities would result in the elimination of 68 positions," Solvay said in a statement.

Reuters - 2 settimane fa

Solvay to cut 68 jobs in Salindres site in 2025

Solvay to cut 68 jobs in Salindres site in 2025 Sept 24 (Reuters) - Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France. "The envisaged discontinuation of these activities would result in the elimination of 68 positions," Solvay said in a statement. The company said it expected to save around 50 million euros ($55.79 million) as a result.

Reuters - 2 settimane fa

Solvay Opens Consultation To Cease Production At Salindres Site

BRIEF-Solvay Opens Consultation To Cease Production At Salindres Site Sept 24 (Reuters) - Solvay SA SOLB.BR : SOLVAY OPENS CONSULTATION TO CEASE PRODUCTION AT SALINDRES SITE ENVISAGED DISCONTINUATION OF THESE ACTIVITIES WOULD RESULT IN ELIMINATION OF 68 POSITIONS TO RECORD €50 MILLION PROVISIONS IN Q3 2024 PLAN TO CEASE PRODUCTION IS DUE TO CONTI

Reuters - 2 settimane fa

Burberry, Hermes, Spectris

EUROPE RESEARCH ROUNDUP-Burberry, Hermes, Spectris Sept 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Burberry, Hermes and Spectris on Friday. HIGHLIGHTS * ASML Holding NV ASML.AS : Morgan Stanley cuts to equal-weight from overweight * Burberry BRBY.L : Jefferies cuts to underperform from hold * Hermes HRMS.PA : Jefferies cuts target price to EUR 2,200 from EUR 2,470 * Intercontinental Hotels IHG.L : HSBC cuts target price to 7

Reuters - 2 mesi fa

Belgium's Syensqo on track for worst day ever after top end forecast cut

UPDATE 3-Belgium's Syensqo on track for worst day ever after top end forecast cut Annual EBITDA seen in 1.4 bln to 1.475 bln euros range Q2 EBITDA 378 mln euros vs. 383 mln euros consensus Updates share move, adds Syensqo and JPM comments By Alban Kacher and Leo Marchandon Aug 1 (Reuters) - Syensqo's SYENS.BR shares fell 6% on Thursday after the company lowered the top end of its annual core profit and free cash flow forecast, as it does not expect a broader demand recovery in the final six mont

Reuters - 2 mesi fa

Solvay to supply Europe with rare earth metals to reduce reliance on China

UPDATE 2-Solvay to supply Europe with rare earth metals to reduce reliance on China Rewrites throughout with details on the La Rochelle plant, CEO comments, context and background By Leo Marchandon and Alban Kacher July 31 (Reuters) - Belgian chemicals group Solvay SOLB.BR aims to supply Europe with rare earth metals for permanent magnets used in EVs and wind turbines from its refurbished plant in France, to help the continent reduce reliance on China, the company said.

Reuters - 2 mesi fa

Solvay aims to produce 30% of EU's needs for critical components for EVs, wind turbines

Solvay aims to produce 30% of EU's needs for critical components for EVs, wind turbines July 31 (Reuters) - Belgian chemicals group Solvay SOLB.BR said on Wednesday it aims to supply 30% of the European market's needs for permanent magnets with rare earth materials from its facility in La Rochelle, France. The group confirmed that regular production should start in early 2025 in La Rochelle, the only facility in Europe able to process light and heavy rare earth materials at an industrial level.

Reuters - 2 mesi fa

Solvay beats Q2 core profit view amid cost-cutting measures, ups guidance

UPDATE 2-Solvay beats Q2 core profit view amid cost-cutting measures, ups guidance Adds CEO and analyst quotes, details in paragraph 9 By Alban Kacher and Leo Marchandon July 31 (Reuters) - Belgian chemicals group Solvay SOLB.BR reported a stronger-than-expected core profit for the second quarter on Wednesday, as higher volumes and further improvements in fixed costs offset pressure from negative net pricing.

Reuters - 2 mesi fa

Solvay core profit rises more than expected on higher volumes, cost improvement

Solvay core profit rises more than expected on higher volumes, cost improvement July 31 (Reuters) - Belgian chemicals group Solvay SOLB.BR reported a bigger-than-expected core profit for the second quarter on Wednesday, citing higher volumes and further improvements in fixed costs. Earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at 272 million euros ($294.43 million), compared with the 261 million euros expected by analysts in a company-provided consensus.

Reuters - 2 mesi fa

Solvay Posts Q2 EBITDA Above Consensus

BRIEF-Solvay Posts Q2 EBITDA Above Consensus July 31 (Reuters) - Solvay SA SOLB.BR : Q2 REVENUE EUR 1,194 MILLION VERSUS COMPANY CONSENSUS EUR 1,203 MILLION Q2 EBITDA EUR 272 MILLION VERSUS COMPANY CONSENSUS EUR 261 MILLION EBITDA MARGIN 22.8% H1 ROCE 17.6% Q2 FREE CASH FLOW 230 MILLION TIGHTENS ITS GUIDANCE OF UNDERLYING EBITDA TO -10% TO -15%ORGA

Reuters - 3 mesi fa

UBS, Degroof Petercam turn neutral on Solvay on short-term uncertainty

BUZZ-UBS, Degroof Petercam turn neutral on Solvay on short-term uncertainty ** UBS and Degroof Petercam take a neutral stance on Belgian chemicals company Solvay SOLB.BR , citing sluggish economic indicators and an uncertain outlook for key product soda ash ** Degroof Petercam lowers its rating to "hold" from "buy", as it sees limited potential for

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Solvay

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