Professional
Added to YB: 2024-08-27
Pitch date: 2024-08-06
SOLB.BR [bullish]
Solvay SA
-5.68%
current return
Author Info
No bio for this author
Company Info
Solvay SA provides basic and performance chemicals worldwide. The company engages in the production of sodium carbonate or soda ash and its derivatives used by customers in glass for building, solar panels, glass containers, and packaging; in lithium-ion batteries for electric vehicles; and for detergents and chemicals, as well as sodium bicarbonate for food and animal feed, and flue gas treatment or healthcare applications.
Market Cap
EUR 2.6B
Pitch Price
EUR 27.01
Price Target
N/A
Dividend
9.60%
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Chemicals
Category
N/A
Greenlight Capital Portfolio Holding: Solvay SA
SOLB.BR: Solvay up 30% (€25.30 to €32.87) on Q results beating expectations & maintained FY outlook. Soda ash price decline impact less severe than bearish analysts predicted. Market sentiment shift from previous pessimism.
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