“July 28, 2011
First half 2011 results
Excellent operating result in the 2nd quarter of 2011:
REBITDA (EUR 304 million) up by 12% compared to the 2nd 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 16,800 people in 40 countries. In 2010, its consolidated sales amounted to EUR 7.1 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.
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