Solvay Sa · EURONEXT:SOLB
Solvay Sa — Q3 2020 Earnings Presentation
10 slides from Solvay Sa's earnings presentation, Nov 5, 2020
Slide 1: 2020 Q3 results media presentation
2020 Q3 results Media presentation November 5, 2020
Slide 2: With you today
With you today Ilham Kadri Karim Hajjar CEO CFO page 2 2020 Q3 results media presentation
Slide 3: Health and safety first
Health and safety first Colleagues infected with COVID-19 Reflecting the emergence of a second wave in Europe and North-America Strengthen protection measures on production Jan. Feb . Mar . Apr. May June July sites which continue to operate throughout the crisis Colleagues in quarantine Teleworking i
Slide 4: Q3 highlights on ESG and innovation
Q3 highlights on ESG and innovation Solvay raises the bar on ESG Innovation ● Stepping up on climate with suppliers and ● Solvay offers two innovative products to customers as part of the Science Based counter COVID-19 Targets Initiative ● Solvay adopts new global "work from ● Enhancing a circular f
Slide 5: Q3 results
Q3 results Strong cost reduction and record free cash flow € € € 366 m 176 m 473 m Free Cash Flow Underlying profit Underlying EBITDA Margin 22.5% ● Sixth consecutive quarter of ● Up from €109m in Q2 positive FCF ● Reduction in volumes ● Disciplined working capital ● Up sequentially by 7.7% vs Q2 mana
Slide 6: 9 months performance
9 months performance Strong free cash flow despite demand headwinds € € € 801 m 6.8 bn 1.5 bn Free Cash Flow Net Sales Underlying EBITDA to shareholders, continuing ops Margin 21.9% ● More than double the prior year ● Lower volumes in aero, auto, oil ● Reduction in volumes period & gas and constructi
Slide 7: Performance and indicators by end market
Performance and indicators by end market % Solvay End Market annual Solvay Q3 2020 trends sales 2019 Building & Construction/Industrial 16% Demand improvement in flat glass for construction (Sept) Automotive 14% Growth in EV battery applications & silica for tires (Sept) Food/Agro/Feed 12% Growth in
Slide 8: Outlook for full year 2020
Outlook for full year 2020 Costs EBITDA* Cash Cost savings of ~ In a range between Free cash flow €300m gross, €1,890 and €1,970m around ~€900m including 50% structural +50% vs 2019 cost reductions Remain focused on cost, cash, and customers *Barring further deterioration related to Covid-19; excludi
Slide 9: Investing for the future: People & Planet Portfolio
Investing for the future People & Planet Portfolio ● Science Based Targets Initiative ● Circular economy ● New Hydrogen growth platform ● New global “work from anywhere” policy ● Simplification journey ● Appointment of Dr. Piot at the Solvay Solidarity Fund PROFIT Our talent, bolder ESG objectives an
Slide 10: Thank you.
Thank you. Follow us on solvay.com