Braskem posts Recurring EBITDA of US$211 million in the quarter, up 13% from 3Q23 [Yahoo! Finance]
Braskem SA ADR (BAK)
US:NYSE Investor Relations:
braskem.com.br/ri/home-en
Company Research
Source: Yahoo! Finance
Americas and the world's leading biopolymers producer, presents its 4Q23 Earnings Release 4Q23 HIGHLIGHTS CONSOLIDATED Recurring EBITDA of US$ 211 MM, around R$1,049 million . Higher than 3Q23 (+US$23 million) and 4Q22 (+US$243 million). Cash position of US$ 3.6 billion , ensuring coverage of debt maturities over the next 72 months. Cost reduction : Reduction of ~23% in general and administrative expenses, compared to 4Q22. Approximately R$186 MM as a result of fixed cost reduction initiatives. PE Production – Mexico : Utilization Rate of 84%, +18 p.p. vs. 3Q23 and +15 p.p. vs. 4Q22. Consistent feedstock supply. The full earnings release is available on the Company's IR website: www.braskem-ri.com.br/en Braskem will host conference calls to discuss its Results Tuesday, March 19 at 11:00 a.m. US ET. Additional information may be obtained from the Investor Relations Department at +55 11 3576-9531 or braskem-ri@braskem.com.br View original content: https://www.prnewsw
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News
- Braskem posts Recurring EBITDA of US$211 million in the quarter, up 13% from 3Q23PR Newswire
- Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market [Yahoo! Finance]Yahoo! Finance
- Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. MarketBusiness Wire
- Global Metallocene Polyolefin (mPO) Industry Report 2022-2024 and 2030 - Building & Construction Metallocene Polyolefins Market to Drive Long Term Growth [Yahoo! Finance]Yahoo! Finance
- Braskem Donates to the Mary M. Campbell Marcus Hook Public Library [Yahoo! Finance]Yahoo! Finance
BAK
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/12/24 - Form 6-K
- BAK's page on the SEC website