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     121  0 Kommentare Solvay publishes 2023 quarterly information following restatement and new segmentation reporting

    Press release                                                                         published on April 15, 2024, at 6:00 p.m. CEST

    Solvay publishes unaudited underlying Sales and EBITDA for the four quarters of 2023, before and after the restatements announced in the March 13th 2024 press release:

    Summary table with Underlying EBITDA and Net Sales impacts:

    in € million impact Underlying EBITDA Underlying net sales
    2023 underlying figures, as published   1,246 4,880
    phase-out thermal insulation business scope -54 -107
    phase-out third party energy supply activities scope -41 N/A
    Dis-synergies, net of the “Transition Services Agreement” mark-up scope -12 N/A
    Zhenjiang scope -8 -25
    Peroxidos do Brasil APM +23 +163
    2023 underlying figures, new base   1,154 4,911

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    This restated consolidated financial information provides for underlying Sales and EBITDA detailed information for the four quarters of 2023 for the new reporting segments:

    • Basic Chemicals host chemical intermediate businesses focused on mature and resilient markets. Solvay is a world leader in soda ash, bicarbonate, and peroxides. These global businesses share similar economic characteristics and serve major markets that include building and construction, consumer goods, and food.
    • Performance Chemicals host a wider range of products (in our Silica, Coatis and Special Chem businesses) that are subject to customization based on unique formulations and application expertise. These businesses share similar economic characteristics and are also high-quality assets with strong positions in their markets.
    • Corporate: comprises corporate and other business services, such as its Global Business services, as well as Procurement and Energy expertise.
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    Solvay publishes 2023 quarterly information following restatement and new segmentation reporting Press release                                                                         published on April 15, 2024, at 6:00 p.m. CEST Solvay publishes unaudited underlying Sales and EBITDA for the four quarters of 2023, before and after the …