Quote of Jean-Pierre Clamadieu, CEO
Solvay in the third quarter extended its robust earnings performance shown so far this year, reflecting the benefits of its ongoing transformation and portfolio reshaping. Innovations at our growth engines Advanced Formulations and Advanced Materials strengthened their already solid market positions, resulting in substantial volume increases. Continuous excellence measures helped to secure pricing power and largely mitigated fixed cost inflation. All in all, Solvay expanded its strong operating margin and posted an operating profit growth of nearly 10 percent in the quarter.