1. Solvay
Asking more from chemistry
Financial analysis
Elien Waelkens
2AT04

2. Table of contents
• Key figures
• Expenditure for the future
o Capital expenditure & acquisitions
o R&D
• Ratios
o Solvency
o Current
• Stock exchange
• Dividend
• Conclusion

3. Key figures

4. Expenditure for the future

5. Ratio
• Solvency
o  equity / liabilaties
o = 45 %
o  GOOD!
• Current
o  current assets / liabilities
o = 1,11
o  GOOD!

6. Stock prices

7. Dividend
• Now = ± € 2,72
• Expecting dividend;
Expecting Dividend
3
2.95
2.96
2.9
2.85
2.8 2.85
2.75
2.7 2.72
2.65
2.6
2012 2013 2014

8. Conclusion
• Ratios
• Stockprices
• Dividend
• Good perspectives!

9. • Thanks for your attention!

10. Sources
• http://www.tijd.be/beurzen/Solvay.60011725#analy
se
• http://reports.icorcom.eu/solvay/ar2011/en/#/III/zo
omed
• http://www.solvay.com/
• http://nl.wikipedia.org/wiki/Ernest_Solvay
• http://www.solvay.com/EN/Investors/Financialrepor
tsFilings/Documents/20120712_Comptesannuels_NL.
pdf
• http://www.boekhouder.be/pdf/analyse%20jaarrek
ening.pdf