Solvay's net income up 20%

摘要

Solvay reports ?121 million ($167.8 million) in adjusted net income for the frst quarter, up 20% year-on-year (YOY) and beating the company's previous forecasts, as demand improved and savings measures drove margins higher. Adjusted recurring Ebitda (Rebitda) was about ?467 million, up 11% YOY, driven by organic and external volume growth. Adjusted net sales grew 1% YOY, to ?2.55 billion.