Solvay
2019 Annual Integrated Report
  1. NOTE B14 Advanced Materials
  2. NOTE B15 Advanced Formulations
  3. NOTE B16 Performance Chemicals
  4. NOTE B17 Corporate & Business Services

Segment overview

in € million

FY 2019

FY 2018 PF

% yoy

Net sales

10,244

10,257

–0.1%

Advanced Materials

4,512

4,385

+2.9%

Advanced Formulations

2,846

3,057

–6.9%

Performance Chemicals

2,879

2,808

+2.5%

Corporate & Business Services

6

7

–14%

EBITDA

2,322

2,330

–0.4%

Advanced Materials

1,143

1,225

–6.7%

Advanced Formulations

490

533

–8.1%

Performance Chemicals

852

761

+12%

Corporate & Business Services

(163)

(189)

+14%

EBIT

1,503

1,554

–3.2%

Advanced Materials

801

897

–11%

Advanced Formulations

322

381

–15%

Performance Chemicals

639

556

+15%

Corporate & Business Services

(259)

(280)

+7.5%

Capex in continuing operations

(826)

(794)

–4.0%

Advanced Materials

(375)

(379)

+1.0%

Advanced Formulations

(155)

(158)

+1.5%

Performance Chemicals

(177)

(175)

–0.9%

Corporate & Business Services

(119)

(82)

–44%

CFROI

6.5%

6.8%

–0.3pp

Advanced Materials

8.9%

9.9%

–1.1pp

Advanced Formulations

5.9%

6.8%

–0.9pp

Performance Chemicals

8.5%

8.1%

+0.5pp

Research & innovation

(336)

(352)

+4.7%

Advanced Materials

(157)

(171)

+8.5%

Advanced Formulations

(94)

(97)

+2.7%

Performance Chemicals

(25)

(27)

+5.9%

Corporate & Business Services

(60)

(58)

–3.9%