Solvay meets Q2 expectations despite soft demand
30/07/2025 06:03
July 30 (Reuters) - Belgian chemicals group Solvay SOLB.BR reported second-quarter core earnings in line with market expectations on Wednesday, weighed down by a soft demand environment and negative effects from foreign exchange. The group said its underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) was 230 million euros ($266 million) in the quarter, down 12.4% from last year's number and in line with analysts' average forecast of 230 million euros in a Vara consensus. ($1 = 0.8659 euros) (Reporting by Dimitri Rhodes; Editing by Tom Hogue) ((Dimitri.Rhodes@thomsonreuters.com;))
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