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Belgian Solvay increased its REBIT by 13% to EUR 254 mln

November 04/2011

(PlastEurope) -- Belgian chemicals and plastics giant Solvay increased its REBIT (recurring earnings before interest and taxes) from continuing operations by 13% to EUR 254m in the third quarter of 2011, as comparative growth against 2010 slowed. In the first half year, earnings rose 22% year-on-year against the 2010 period. Sales in the third quarter were only 5% ahead of last years period, at EUR 12.5 bn, after 13% growth from July to August last year.


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