Solvay Q1 2023 Earnings Results

Solvay reported Q1 2023 earnings with net sales of €3.2 billion (+2% organic), EBITDA of €839 million at a record 26.5% margin, and ROCE of 16.7%. Strong pricing contributed +14% to organic growth, offsetting a -12% volume decline, while free cash flow reached €125 million with >30% conversion.