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02-22-2010

Solvay: Results in 2009

Group sales (EUR 8,485 million) of Solvay S.A., Brussels, Belgium, are down by 11% compared to 2008 (-3% in the fourth quarter). Operating result (EUR 905 million) was down by 6% for the year overall. The operating result in the fourth quarter (EUR 313 million) improved compared to last year (EUR 125 million) in every sector of activity. For the year overall, the decrease was limited to 6%. Operating results in plastics (EUR 73 million) are down compared to 2008, with the economic crisis particularly affecting the markets in this sector (construction, automotive, electronics, equipment parts); strong cost reduction in each activity; in the fourth quarter, confirmation of improved demand in Specialty Polymers).

The net income of Group (EUR 553 million) was up by 23% compared to 2008.

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