Solvay Group achieves revenue of 10.2 billion euros in 2014

The Solvay Group has achieved a turnover of 10.21 billion euros in 2014, registering a growth of 5% over the previous year. Ebitda (recurring profit before interest, taxes, depreciation and amortization) totaled 1.783 billion euros, with an elevation of 11% about 2013, and adjusted net income amounted to 156 million euros. In 2014, the Group obtained a cash generation of 656 million euros, 35% more than in the previous year, and reduced its net debt to 363 million euros. According to Jean-Pierre Clamadieu's testimonial, CEO of the Solvay group, the Group presented solid results throughout the year, taking advantage of the transformation that is performing, an updated portfolio of products and solutions and their operational excellence programs.
In Latin America, the Solvay group, Rhodia's controller, obtained revenues in 2014 of approximately 1.1 billion euros at the same level registered in 2013. In Brazil, the total sales reached 1 billion euros, even in the face of a challenging scenario for almost all industrial activities and in particular for the chemical industry. The group, which operates in the region in various activities of the chemical sector, with ten factories in Brazil and one in Venezuela, recorded exports of $ 262 million, from its Brazilian units.
The Solvay Group is confident in maintaining the current momentum of activities. Continues deploying your project of transformation and is well-positioned to achieve its goals set for 2016.