Solvay: 9m underlying EBITDA flat
(CercleFinance.com) - Solvay has reported underlying EPS of continuing operations of 6.
68 euros for the first nine months of 2019, down 2.7%, with underlying EBITDA of 1,796 million euros, pretty much flat (-0.2%) as reported, and down 2.6% in organic terms.
The Belgian chemist's management of its working capital management enabled it to generate free cash flow for Solvay shareholders from continuing operations that amounted to 345 million euros over the period, representing an improvement of 217 million euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
68 euros for the first nine months of 2019, down 2.7%, with underlying EBITDA of 1,796 million euros, pretty much flat (-0.2%) as reported, and down 2.6% in organic terms.
The Belgian chemist's management of its working capital management enabled it to generate free cash flow for Solvay shareholders from continuing operations that amounted to 345 million euros over the period, representing an improvement of 217 million euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.