Solvay forecasts lower 2026 earnings despite meeting quarterly profit targets
Solvay expects lower 2026 earnings as market headwinds and transformation costs weigh on demand. The group met quarterly goals but plans capacity cuts in Spain.
Solvay announced on Tuesday, February 24, 2026, that it expects its underlying EBITDA for the full year 2026 to range between 770 million euros and 850 million euros. This forecast represents a year-on-year decline compared to the 881 million euros reported in 2025. The company, which is headquartered in Belgium 
BE, attributed the lower guidance to persistent macro and geopolitical headwinds, competitive pricing pressure, and ongoing transformation expenses.
BE, attributed the lower guidance to persistent macro and geopolitical headwinds, competitive pricing pressure, and ongoing transformation expenses.Alongside the 2026 outlook, Solvay reported its fourth-quarter results, showing underlying EBITDA of 169 million euros. This figure was broadly in line with analyst expectations as compiled by Vara Research. The quarterly performance provides near-term context for the company's financial trajectory as it enters the new fiscal year under the leadership of Philippe Kehren.
