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SOLVAY · Q2 2026 earnings

Q2 2026 earnings · · Investor relations

Briefing

Solvay reported Q2 2026 underlying net sales of €1,031 million and underlying EBITDA of €187 million.

Solvay's Q2 2026 results showed underlying net sales of €1,031 million, down 7.4% organically year-over-year due to weak soda ash pricing and impacts from the Middle East conflict. Underlying EBITDA reached €187 million with an 18.1% margin, and underlying net profit from continuing operations was €64 million. The company confirmed its full-year 2026 guidance for underlying EBITDA between €770-850 million and free cash flow of at least €200 million.

  • Underlying net sales €1,031 million (-7.4% organic YoY) impacted by soda ash pricing and Middle East conflict effects on operations.
  • Underlying EBITDA €187 million (18.1% margin), down 19.5% organically, partly due to prior year one-off and conflict-related shutdowns.
  • Underlying net profit from continuing operations €64 million vs. €99 million in Q2 2025.
  • Full-year 2026 guidance confirmed: EBITDA €770-850 million and FCF ≥ €200 million, with Saudi peroxides plant restart expected in Q3.

Headline financials

Total Revenue

€1.17B

No prior period
Free Cash Flow

-€12.5M

No prior period
Net Income

€72.8M

No prior period

Revenue & EPS history

Solvay · Revenue · Quarterly

€1.17B

Q2 2026

Forward guidance

Full-year 2026 guidance confirmed anticipating Saudi peroxides plant restart in Q3.

Tailwinds

  • Structural cost savings initiatives delivering €26 million in Q2.
  • Approval of €15-20 million strategic investments in rare earths separation at La Rochelle.
  • Focus on transformation and safety performance improvements.

Headwinds

  • Continued challenging economic environment and weak soda ash pricing.
  • Negative impact from Middle East conflict on Peroxides operations.

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