Solvay SA

Common Name

Solvay

Country

Belgium

Sector

Basic Materials

Industry

Chemicals

Employees

9,000

Ticker

SOLB

Exchange

EURONEXT

Website

www.solvay.com

Description

Solvay SA is a leading chemical company that operates on a global scale, specializing in the development and commercialization of a diverse array of industrial chemical products. Founded in 1863 and h... Show more

Financial Statements of Solvay

Below are the financial statements of Solvay, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of EUR	2024	2023
Sales	5,130^a	6,024^a
Of which revenue from non-core activities	590^a	1,145^a
Of which net sales	4,540^a	4,880^a
Cost of goods sold	-3,984^a	-4,642^a
Gross margin	1,146^a	1,382^a
Commercial costs	-93^a	-100^a
Administrative costs	-326^a	-426^a
Research and development costs	-34^a	-47^a
Other operating gains and (losses)	-91^a	15^a
Earnings from associates and joint ventures	38^a	53^a
Results from portfolio management and major restructuring	-134^a	-550^a
Results from legacy remediation and major litigations	-73^a	-50^a
EBIT	433^a	278^a
Cost of borrowings	-108^a	-71^a
Interest on loans and short term deposits	17^a	36^a
Other gains and (losses) on net indebtedness	15^a	-6^a
Cost of discounting provisions	-15^a	-62^a
Result from equity instruments measured at fair value	-22^a	4^a
Profit/(loss) for the year before taxes	320^a	180^a
Income taxes	-87^a	-208^a
Profit/(loss) for the year from continuing operations	233^a	-28^a
Profit for the year from discontinued operations	0^a	2,132^a
Profit/(loss) for the year	233^a	2,105^a
Attributable to	—	—
Solvay share - continuing operations	223^a	-37^a
Solvay share - discontinued operations	0^a	2,130^a
Non-controlling interests - continuing operations	10^a	9^a
Non-controlling interests - discontinued operations	0^a	2^a

Verified Sources Behind Solvay’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Solvay’s data sources below and access millions more through our Disclosure Search.

a. Solvay's Integrated Report 2024

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Solvay SA

Financial Statements of Solvay

Verified Sources Behind Solvay’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

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