(CercleFinance.com) – Solvay announces that it expects, based on preliminary figures, to achieve net sales between 3.4 and 3.5 billion euros, as well as an underlying EBITDA between 855 and 865 million in the second quarter of 2022, stronger performance than expected.
“The performance for the quarter was driven by both volumes and prices, which made it possible to overcome the inflation of variable costs”, explains the Belgian chemist, specifying that its three segments (materials, solutions and chemicals) contributed to this result.
Also, Solvay plans to raise its outlook for 2022 on July 28, an upgrade that ‘will reflect a combination of confidence in near-term business momentum and potential risks associated with the uncertain macroeconomic environment’.