Solvay first quarter results are strong with a 12% growth in underlying EBITDA , the margin at record levels 21% and generated significant amount of free cashflow € 160 million .
The nature of the delivery – high volume growth, excellence and synergies to name but a few – illustrate the quality of the results.
 FCF from continuing operations
Q1 2017 Underlying results
Q1 2017 underlying EBITDA by segment (in € million)
Underlying EBITDA € 292 million, up 9.3% year on year. Higher volumes of high-performance polymers used in automotive, batteries and smart devices more than offset weaker year-on-year sales in aerospace markets.
Underlying EBITDA € 127 million, up 4% year on year. Strong volume growth in agro and industrial markets, while mining was able to offset short-term disruptions with new business developments.
Underlying EBITDA € 184 million, up 12% year on year. Volumes grew in soda ash, bicarbonates and peroxides mainly in Asia. The new HPPO plant in Saudi Arabia took effect.
Underlying EBITDA € 71 million, up 34% year on year. Sales of both polyamide 6.6 intermediates and engineered materials continued to grow, driven by healthy market conditions.