Braskem reports Recurrent Cash Generation of R$265 million in 4Q24; Recurring EBITDA of US$1.1 billion in 2024 (46% higher than 2023)
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.
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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
Details
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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
4Q24 HIGHLIGHTS
CONSOLIDATED
- Recurring EBITDA of
US .$102 million - Cash position of
US , ensuring coverage of debt maturities over the next 47 months.$2.4 billion - Operating Cash Generation of
US , about$ 204 million 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.
View original content:https://www.prnewswire.com/news-releases/braskem-reports-recurrent-cash-generation-of-r265-million-in-4q24-recurring-ebitda-of-us1-1-billion-in-2024-46-higher-than-2023-302387199.html
SOURCE Braskem
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