SOLVAY CONFIRMS ACCIDENTAL PUBLICATION OF QUARTERLY RESULTS HIGHLIGHTS
(Thomson Reuters ONE) -
Brussels, July 25, 2011, for immediate release
Solvay confirms ACCIDENTAL PUBLICATION OF QUARTERLY RESULTS HIGHLIGHTS
Solvay announced that a technical incident accidentally caused the publication
on the website of the Group of the following text today at 15:27h:
"July 28, 2011
First half 2011 results
Excellent operating result in the 2(nd) quarter of 2011:
REBITDA (EUR 304 million) up by 12% compared to the 2(nd) quarter of 2010
* Increase in sales volume (+4%) reflecting very sustained overall global
activity
* Higher sales prices (+11%) compensating for rise in energy costs
* Operating margin - REBITDA on sales - stable at 18%
* Net result of EUR 111 million, greatly improved from last year
* Launch of a friendly cash offer for Rhodia on June 15, 2011"
The text is confirmed by the Group. The entire results report will be published
on 28 July 2011 at 7:30 on the website of the Solvay Group.
SOLVAY is an international industrial Group active in Chemistry. It offers a
broad range of products and solutions that contribute to improving quality of
life. The Group is headquartered in Brussels and employs about 17,000 people in
40 countries. In 2009, its consolidated sales amounted to EUR 8.5 billion.
Solvay is listed on the NYSE Euronext stock exchange in Brussels (NYSE Euronext:
SOLB.BE - Bloomberg: SOLB.BB - Reuters: SOLBt.BR). Details are available at
www.solvay.com.
For further information please contact:
ERIK DE LEYE PATRICK VERELST
Corporate Press Officer Head of Investor Relations
SOLVAY S.A. SOLVAY S.A.
Tel: +32 2 509 7230 Tel. +32 2 509 7243
erik.deleye(at)solvay.com patrick.verelst(at)solvay.com
www.solvaypress.com www.solvay-investors.com
Press Release:
http://hugin.info/133981/R/1533246/467025.pdf
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other applicable laws; and
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originality of the information contained therein.
Source: Solvay S.A. via Thomson Reuters ONE
[HUG#1533246]
Unternehmensinformation / Kurzprofil:
Datum: 25.07.2011 - 17:40 Uhr
Sprache: Deutsch
News-ID 56687
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Town:
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Kategorie:
Business News
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"SOLVAY CONFIRMS ACCIDENTAL PUBLICATION OF QUARTERLY RESULTS HIGHLIGHTS"
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