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MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Solvay SA    SOLB   BE0003470755

SOLVAY SA

(SOLB)
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Solvay : among the world's 100 most sustainably managed companies; Wall Street Journal ranks Solvay : 52nd globally for its sustainability score of 5,500 companies surveyed.

10/14/2020 | 09:26am EST

Brussels - Solvay has made the Wall Street Journal's inaugural list of the 100 Most Sustainably Managed Companies in the World, ranking 52nd among the more than 5,500 publicly-traded businesses surveyed. Sustainability metrics such as business model and innovation, external social and product issues, employee and workplace issues, and the environment were all considered in the Journal's calculation and methodology.

'This is a great recognition for Solvay,' commented Solvay CEO Ilham Kadri. 'We have been making a lot of sustainable commitments in the way we run our business, and it's rewarding to see this acknowledged. Our world has an ever-growing population and limited resources, and we are facing environmental and social challenges like never before. At Solvay we are raising the bar with a holistic view on Climate, Resources and Better Life. I truly believe that sustainability is a path to profitability and plays a role in any company's future success.'

Sustainability is at the heart of Solvay's activities, as outlined in its sustainability roadmap Solvay One Planet. The plan outlines ten ambitious targets to drive progress across three key pillars: Climate, Resources and Better Life. To meet these goals, Solvay pledges to reallocate investments to promote sustainability within its portfolio, operations and workplace. The plan responds to the UN Sustainable Development Goals and aligns with the 2015 Paris Agreement.

Recently, Solvay raised its sustainability ambition one step further and committed to review its 2030 objectives to reduce greenhouse gas emissions in line with the Science Based Targets initiative.

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Nathalie van Ypersele

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+32 478 20 10 62

Nathalie van Ypersele Contact

Brian Carroll

Media relations

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+32 2 264 36 72

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
BETTER LIFE GROUP CO., LTD. 0.50% 10.1 End-of-day quote.10.38%
SOLVAY SA 0.70% 97.38 Delayed Quote.-6.39%
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Financials
Sales 2020 9 080 M 10 978 M 10 978 M
Net income 2020 -1 050 M -1 269 M -1 269 M
Net Debt 2020 3 950 M 4 775 M 4 775 M
P/E ratio 2020 -10,4x
Yield 2020 3,74%
Capitalization 10 000 M 12 081 M 12 090 M
EV / Sales 2020 1,54x
EV / Sales 2021 1,44x
Nbr of Employees 22 255
Free-Float 67,0%
Chart SOLVAY SA
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Solvay SA Technical Analysis Chart | MarketScreener
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Technical analysis trends SOLVAY SA
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 88,18 €
Last Close Price 96,70 €
Spread / Highest target 29,3%
Spread / Average Target -8,82%
Spread / Lowest Target -32,8%
EPS Revisions
Managers
NameTitle
Ilham Kadri CEO & Non-Independent Director
Nicolas Jacques Bol Chairman
Karim Hajjar Chief Financial Officer
Philippe Warny Head-Research, Development & Technology
Charles Casimir-Lambert Non-Independent Director
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