Solvay Q2 FY26 underlying EBITDA drops 19.5% to €187 million; net sales fall 7.4% to €1.03 billion

• Solvay Q2 2026 net sales fell 6.4% year over year to EUR 1.03 billion, on weaker soda ash prices and Middle East disruption.
• Underlying EBITDA dropped 18.8% from a year earlier to EUR 187 million; margin narrowed 2.8 percentage points to 18.1%.
• Underlying net profit from continuing operations slid to EUR 64 million; H1 free cash flow was EUR 15 million, including EUR -11 million in Q2.
• Net debt stood at EUR 1.8 billion at end-June; leverage was 2.3x following H1 dividend payments.
• Full-year outlook maintained, targeting underlying EBITDA of EUR 770 million-EUR 850 million, free cash flow of at least EUR 200 million.

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