Ho Kan Chung's questions to Solvay SA (SLVYY) leadership • Q2 2024
Question
Ho Kan Chung asked about the scenarios that would lead to the high or low end of the H2 CapEx range and for a bridge of the free cash flow from H1 to H2. He also questioned if the Q2 net interest cost is the new run rate.
Answer
CFO Alexandre Blum explained that reaching the high end of the CapEx range depends on successful project execution and continued market stability. He clarified that the annual net interest cost run rate is around EUR 100 million, though the current year may be lower due to refinancing activities and coupon phasing, making the quarterly figure volatile.