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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

Show full summary:
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.

Read full article (1 min)