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BAK Braskem SA

5.21
0.00 (0.00%)
27 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Braskem SA NYSE:BAK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 5.21 0 00:00:00

Braskem reports Recurring EBITDA of R$2.4 billion in 3Q24, 44% higher compared to 2Q24

07/11/2024 11:35am

PR Newswire (US)


Braskem (NYSE:BAK)
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Highest quarterly Recurring EBITDA since 2Q22

SÃO PAULO, Nov. 7, 2024 /PRNewswire/ --  BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest resin producer in the Americas and the world's leading biopolymers producer, presents its 3Q24 Earnings Release.

3Q24 HIGHLIGHTS 

CONSOLIDATED

  • Recurring EBITDA of US$432 million, about 35% higher than in 2Q24 and 130% higher than in 3Q23.
  • Cash position of US$2.4 billion, ensuring coverage of debt maturities over the next 52 months.
  • Operating Cash Generation of US$75 million, around R$416 million, higher than 2Q24.

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 Thursday, November 7 at 09:00 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.

 

Cision View original content:https://www.prnewswire.com/news-releases/braskem-reports-recurring-ebitda-of-r2-4-billion-in-3q24--44-higher-compared-to-2q24--302298679.html

SOURCE Braskem S.A.

Copyright 2024 PR Newswire

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