Braskem reports Recurrent Cash Generation of R$265 million in 4Q24; Recurring EBITDA of US$1.1 billion in 2024 (46% higher than 2023)

Rhea-AI Summary

Braskem (NYSE: BAK), the largest resin producer in the Americas and global leader in biopolymers, has released its Q4 2024 earnings report with notable financial achievements. The company generated a Recurring EBITDA of US$102 million in Q4 2024 and achieved a full-year 2024 Recurring EBITDA of US$1.1 billion, marking a significant 46% increase compared to 2023.

The company reported an Operating Cash Generation of US$204 million (approximately R$1.1 billion) and maintains a strong cash position of US$2.4 billion, which provides coverage for debt maturities extending over the next 47 months.

Positive

• 46% YoY increase in Recurring EBITDA to US$1.1B in 2024
• Strong cash position of US$2.4B covering 47 months of debt maturities
• Solid Operating Cash Generation of US$204M in Q4

Negative

• Q4 Recurring EBITDA of US$102M shows significant sequential decline

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SÃO PAULO, Feb. 27, 2025 /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 4Q24 Earnings Release.

4Q24 HIGHLIGHTS 

CONSOLIDATED

• Recurring EBITDA of US$102 million.
• Cash position of US$2.4 billion, ensuring coverage of debt maturities over the next 47 months.
• Operating Cash Generation of US$ 204 million, about R$ 1.1 billion.

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, February 27 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.

 

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SOURCE Braskem

FAQ

What was Braskem's (BAK) Recurring EBITDA performance in 2024 compared to 2023?

Braskem's Recurring EBITDA reached US$1.1 billion in 2024, representing a 46% increase compared to 2023.

How much Operating Cash did Braskem (BAK) generate in Q4 2024?

Braskem generated US$204 million (approximately R$1.1 billion) in Operating Cash during Q4 2024.

What is Braskem's (BAK) current cash position and debt coverage?

Braskem maintains a cash position of US$2.4 billion, providing coverage for debt maturities over the next 47 months.

What was Braskem's (BAK) Q4 2024 Recurring EBITDA?

Braskem reported a Recurring EBITDA of US$102 million for Q4 2024.