Slide 1: 2020 Half-year results Media presentation
2020 Half-year results Media presentation July 29, 2020
Slide 2: With you today
With you today Ilham Kadri Karim Hajjar CEO CFO page 2 2020 Half-year results media presentation
Slide 3: Summary
Summary Managing Performance in the first Looking through the ahead crisis half 2020 ● Update on health and safety ● Record free cash flow in Q2 ● Perspectives for the ● Solidarity with employees & ● Resilient H1 rest of the year community ● Focus on customers ● Essential now and in ● Equipped to weat
Slide 4: Managing through the crisis
Managing through the crisis page 4 2020 Half-year results media presentation 2020 Half-year results media presentation
Slide 5: Update on health and safety
Update on health and safety Colleagues infected with COVID-19 Apply safety measures to all employees Strengthen protection measures on production sites which continue to operate throughout the crisis Jan. Feb Mar Apr. May June July . . Colleagues in quarantine Ban all business travel except for crit
Slide 6: Solidarity with employees & community
Solidarity with employees & community Solvay set up a Solvay Solvay is helping in the Solidarity Fund fight against Covid-19 administered by the King Baudouin € 15 million Foundation donation promises More than 40 requests have already been introduced page 6 2020 Half-year results media presentation
Slide 7: Equipped to weather the storm and emerge stronger
Equipped to weather the storm and emerge stronger Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 → New → Change capital → Launch → Launch of → Active health, Executive and resources G.R.O.W Solvay Purpose safety and crisis Committee with allocation in the strategy management operational hands of Excom → La
Slide 8: Performance in the first half of 2020
Performance in the first half of 2020 page 8 2020 Half-year results media presentation 2020 Half-year results media presentation
Slide 9: Resilient in Q2
Resilient in Q2 Strong cost reduction and record free cash flow +90% € € 109 m 439 m Free Cash Flow Underlying profit Underlying EBITDA Margin 20.2% ● Disciplined cost and operational ● Remained positive in Q2 cash management ● Reduction in volumes ● Continued operations of €233 ● Accelerated cost sav
Slide 10: Overview of H1
Overview of H1 Strong free cash flow despite demand headwinds € € € 435 m 4.6 bn 1.0 bn Free Cash Flow Net Sales Underlying EBITDA to shareholders, continuing ops Margin 21.7% FCF conversion ratio 49.1% ● Lower volumes in aero, auto, oil ● Reduction in volumes ● Disciplined working capital & gas and
Slide 11: Emerge stronger through focus on our customers
Emerge stronger through focus on our customers Solvay is recognized in many markets we serve, for having the right technologies and innovation capabilities. This is why customers call us when they have a problem to solve. page 11 2020 Half-year results media presentation
Slide 12: Looking ahead
Looking ahead page 12 2020 Half-year results media presentation 2020 Half-year results media presentation
Slide 13: Outlook and expectations for full year 2020
Outlook and expectations for full year 2020 Demand Costs Cash Challenging Cost savings of Free Cash Flow in environment gross ~300m, line with FY 2019 continues into Q3 structural & before improving temporary in Q4 Remain focused on Customers, Cost and Cash levers page 13 First half 2020 earnings
Slide 14: A few perspectives for the year
A few perspectives for the year Recovery will Pick-up in China Chemistry and have different where Solvay's Innovation will shapes by end sales are at be essential for a markets pre-covid levels green recovery. page 14 2020 Half-year results media presentation
Slide 15: Solvay is essential now and for the future
Solvay is essential now and for the future page 15 2020 Half-year results media presentation
Slide 16: Thank you.
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