Slide 1: Second Quarter 2021 Results
Second Quarter 2021 Results Media presentation July 29, 2021 Second Quarter 2021 Earnings
Slide 2: With you today
With you today Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer Q1 2021 earnings
Slide 3: Health and safety remain our top priority
Health and safety remain our top priority Measures in place Likely cases quarantine ● Safety measures for all our employees ● 10,000 employees working remotely Confirmed cases ● Business travel banned, except for critical customer needs Vaccination campaigns Solvay Solidarity Fund ● India and Italy (
Slide 4: Q2 2021 Performance
Q2 2021 Performance Strong rebound with double-digit sales and EBITDA growth Net sales Underlying Free cash flow continuing operations EBITDA € 2.4 bn € 602 m € 135 m +20% organic yoy; +47% organic yoy; seasonal payments back to 2019 levels in 24.5% EBITDA margin most markets Q2 2021 EBITDA exceeded
Slide 5: Strong sales & EBITDA growth in Q2
Strong sales & EBITDA growth in Q2 Materials +35% organic Chemicals +49% organic Underlying • Double-digit volume growth driven by continued EBITDA • Growth driven by significant higher volumes across strong demand in automotive, electronics and each business consumer goods • Record sales of Bicar an
Slide 6: 2021 outlook
2021 outlook Structural EBITDA Free cash flow in a range between continuing operations cost savings € € 200 m 2.2 - €2.3 bn € 750 m up from €2.0 to €2.2 bn up from €650 m Barring additional deterioration related to another wave of Covid-19 in the second half Includes €200-250m of expected raw materia
Slide 7: Investing for the rebound
Leading in EV batteries - from start to finish! Investing for ● Broad portfolio to help the battery pack become lighter, more resistant, and safer the rebound ● Doubling capacity in France & China by 2022 to meet growing demand ● Significant expansion plans coming up ● Partnering with Veolia & Renault
Slide 8: Solvay One Dignity
Solvay One Dignity 9 ambitious objectives to foster Diversity, Equity and Inclusion Accelerate gender parity Make our workplace more Develop resource groups to DIVERSITY at all mid and senior levels appropriate for people with encourage employees to bring disabilities their “whole self” to work Achi
Slide 9: Q&A
Q&A Ilham Kadri Karim Hajjar Chief Executive Officer Chief Financial Officer Q1 2021 earnings
Slide 10: Follow up
Follow up media.relations@solvay.com Q1 2021 earnings