Karim Hajjar - Solvay SA CFO Committee

SOLB Stock  EUR 32.10  0.61  1.86%   

CFO

Mr. Karim Hajjar has served as Member of the Executive Committee and Chief Financial Officer of Solvay S.A. since October 1, 2013. Before joining the Company, he was Director Finance and Planning at Imperial Tobacco Group Plc. In his first job, he became a partner at Grant Thornton Chartered Accountants which he joined in 1984. He moved on to Royal DutchShell where between 1995 and 2004 he was amongst others Deputy Chief Financial Officer of Shell Chemicals since 2013.
Age 60
Tenure 11 years
Phone32 2 264 21 11
Webhttps://www.solvay.com
Hajjar was Chief Financial Officer of Tarmac Group from 2005 to 2009 and its Managing Director until 2010. He holds a BS degree in Economics from City University, London. He also holds a Chartered Accountancy Qualification.

Solvay SA Management Efficiency

The company has return on total asset (ROA) of 0.0627 % which means that it generated a profit of $0.0627 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.191 %, meaning that it generated $0.191 on every $100 dollars invested by stockholders. Solvay SA's management efficiency ratios could be used to measure how well Solvay SA manages its routine affairs as well as how well it operates its assets and liabilities.
Solvay SA has accumulated 2.17 B in total debt with debt to equity ratio (D/E) of 42.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Solvay SA has a current ratio of 1.65, which is within standard range for the sector. Debt can assist Solvay SA until it has trouble settling it off, either with new capital or with free cash flow. So, Solvay SA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solvay SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solvay to invest in growth at high rates of return. When we think about Solvay SA's use of debt, we should always consider it together with cash and equity.

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Solvay SA operates as an advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. SOLVAY operates under Chemicals And Petrochemicals classification in Belgium and is traded on Brussels Stock Exchange. It employs 24500 people. Solvay SA (SOLB) is traded on Euronext Brussels in Belgium and employs 21,000 people.

Management Performance

Solvay SA Leadership Team

Elected by the shareholders, the Solvay SA's board of directors comprises two types of representatives: Solvay SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Solvay. The board's role is to monitor Solvay SA's management team and ensure that shareholders' interests are well served. Solvay SA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Solvay SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nathalie Ypersele, Head Communication
Marc Chollet, Chief Committee
Dominikus Golsong, Group Committee
Geoffroy Raskin, Head Relations
Ilham Kadri, Chairman of the Management Board, CEO, Director
Herve Tiberghien, Chief Committee
Jodi Allen, Head Relations
Augusto Donfrancesco, Pres Committee
Karim Hajjar, CFO Committee
An Nuyttens, Pres Buses

Solvay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Solvay SA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Solvay SA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solvay SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solvay SA will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Solvay SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solvay SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solvay SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solvay SA to buy it.
The correlation of Solvay SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solvay SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solvay SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solvay SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Solvay Stock Analysis

When running Solvay SA's price analysis, check to measure Solvay SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solvay SA is operating at the current time. Most of Solvay SA's value examination focuses on studying past and present price action to predict the probability of Solvay SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solvay SA's price. Additionally, you may evaluate how the addition of Solvay SA to your portfolios can decrease your overall portfolio volatility.