Solvay Sa · EURONEXT:SOLB
Solvay Sa — Q3 2023 Earnings Presentation
13 slides from Solvay Sa's earnings presentation, Nov 3, 2023
Slide 1: Third quarter and nine months 2023 results
Third quarter and nine months 2023 results November 3, 2023 Third quarter and nine months 2023 results
Slide 2: e.Solvay process
e.Solvay process Pilot unit in Dombasle, France to test the new Solvay process to produce soda ash more sustainably is operational since With you today April and has yielded positive results as of June. Play video Karim Hajjar CFO Ilham Kadri CEO Third quarter and nine months 2023 results
Slide 3: Strong cash generation and improved margins in 9M
Strong cash generation and improved margins in 9M € € € € 9 bn 2.3 bn 1 bn 2.8 bn 15.2% NET SALES EBITDA FCF NET DEBT ROCE % % -10 -1 organic organic % 39% 0.9x -0.2pp 26 conversion historic low last twelve margins last twelve leverage months months in a weak demand environment page 3 Third quarter
Slide 4: Q3 EBITDA reflects lower volumes and prices in the current macro environment
Q3 EBITDA reflects lower volumes and prices in the current macro environment Q3 2023 EBITDA per segment MATERIALS SOLUTIONS CHEMICALS -12.4% -25.6% -3.8% €324m €164m €274m -8.5% net sales -25% net sales -25.8% net sales Percentages are on organic basis, at constant scope and currency. Third quarter a
Slide 5: Reaffirming 2023 outlook
Reaffirming 2023 outlook Star Factory program joined by 40+ plants to become best-in-class in manufacturing, EBITDA digital, sustainability, underlying safety and people. +2 to -5% organic growth in the lower end of guidance range Third quarter and nine months 2023 results
Slide 6: Investing in sustainable growth
Investing in sustainable growth EssentialCo SpecialtyCo Continuing sustainable investments in our JV agreement signed with Orbia, confirming leading technologies: plans to build the largest EV materials facility ● e.Solvay soda ash process pilot plant is up and running ● Building a world-class soda a
Slide 7: Tremendous effort bringing two new champions close to the finish line!
Tremendous effort bringing two new champions close to the finish line! Shareholders’ meeting ELT and Board of directors announcements November 3 Full-year 2022 results Q1 2023 results Q2 2023 results Q3 2023 results November 3 2022 Q1 Q2 Q3 Q4 2023 Webinars Webinars Capital H1 key figures Debt Capital
Slide 8: Proposed Board of directors for SOLVAY
Proposed Board of Pierre Gurdjian Chairman, Chair of finance committee Independent Director directors Philippe Kehren CEO for SOLVAY Thomas Aebischer Chair of the audit Committee Independent Director Thierry Bonnefous Reference Shareholder Director Chair of remuneration committee Wolfgang Colberg Ind
Slide 9: Proposed Executive Leadership Team for SOLVAY
Proposed Executive Leadership Team for SOLVAY Philippe Kehren Chief Executive Officer Alexandre Blum Lanny Duvall Mark van Bijsterveld Lisa Brown Chief Finance and Strategy Officer Chief Operations Officer Chief People Officer General Counsel The contemplated separation is subject to customary closing T
Slide 10: Proposed Board of directors for SYENSQO
Proposed Board of Rosemary Thorne Chairwoman, Chair of finance committee Independent Director directors Ilham Kadri CEO for SYENSQO Roeland Baan Independent Director Chair of ESG Committee, Vice Chair Francoise de Viron and Reference Shareholder Director Edouard Janssen Reference Shareholder Director
Slide 11: Proposed Executive Leadership Team for SYENSQO
Proposed Executive Leadership Team for SYENSQO Ilham Kadri Chief Executive Officer Christopher Davis Hervé Tiberghien Joëlle Boxus Marc Chollet Mark Rollinger Chief Financial Officer Chief Operations Officer Chief People Officer Chief Strategy Officer General Counsel The contemplated separation is subjec
Slide 12: 60+ energy transition projects
60+ energy transition projects This represents a reduction of 3.5 Mt of CO2 per year, equivalent to removing ~2 million carbon fuel vehicles off the road each year. Q&A Karim Hajjar CFO Ilham Kadri CEO Third quarter and nine months 2023 results
Slide 13: Developing solutions for a bright responsible future
9% Sales of circular products 55% Sales of sustainable solutions Developing solutions for a bright responsible future Follow up with media.relations@solvay.com Third quarter and nine months 2023 results