Solvay
2019 Annual Integrated Report

in € million

FY 2019

FY 2018 PF

% yoy

Net sales

6

7

–14%

EBITDA

(163)

(189)

+14%

EBIT

(259)

(280)

+7.5%

Capex in continuing operations

(119)

(82)

–44%

Research & innovation

(60)

(58)

–3.9%

Full year underlying EBITDA was €(163) million, €26 million better, reflecting cost reductions and austerity measures, favorable conditions on the energy market and lower provisions for bonuses.