Solvay shares fall as Berenberg cuts rating on Chinese export concerns By Investing.com
Update: 2025-10-28
Description
Solvay's shares plummeted after Berenberg downgraded its stock rating due to surging Chinese soda ash exports, oversupply concerns, and weak demand. Berenberg predicts Solvay's EBITDA to be 10% below analysts' forecasts for 2026 and 2027, potentially leading to negative earnings surprises. Additionally, Solvay's Brazilian chemicals unit, Coatis, faces challenges from weak demand and Chinese imports. Berenberg expects Solvay to prioritize caution over expansion, focusing on safeguarding dividends rather than new projects.
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