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Braskem posts Recurring EBITDA of US$211 million in the quarter, up 13% from 3Q23
Prnewswire· 2024-03-19 21:04
SÃO PAULO, March 19, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, presents its 4Q23 Earnings Release. 4Q23 HIGHLIGHTS CONSOLIDATED Recurring EBITDA of US$ 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% ...
Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market
Businesswire· 2024-03-14 20:00
生物属性和生物循环聚丙烯生产 - Braskem将利用生物属性和生物循环丙烯基原料生产生物属性和生物循环聚丙烯,为市场不断增长的消费需求提供更可持续的选择[1] - Shell化学最近开始向Braskem提供基于质量平衡方法并由第三方独立认证的生物属性和生物循环丙烯基原料[1] 市场需求和合作 - Braskem北美烯烃和聚烯烃副总裁Mark Nikolich表示,Braskem是生物基材料创新和生产的领导者,继续看到市场对更多可再生解决方案的需求增长[3] - 与Shell的合作将有助于支持聚丙烯客户实现碳减排和循环目标[3]
Braskem Donates to the Mary M. Campbell Marcus Hook Public Library
Businesswire· 2024-03-08 21:30
MARCUS HOOK, Pa.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a company committed to human rights and equity in our supply chain and the local development of surrounding communities, has donated $10,000 to the Mary M. Campbell Marcus Hook Public Library, and a check was presented during a ceremony on Thursday, March 7, 2024. Braskem’s donation supports the branch’s efforts to upgrade the library, beginning with the purchase of a new main reception desk and coun ...
Braskem Hosts 25th Red Cross Blood Drive in Partnership with the American Red Cross
Businesswire· 2024-02-26 21:00
KENOVA, W. Va.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, recently hosted its 25th blood drive on Thursday, February 22nd at its production facility in Neal, West Virginia in partnership with the American Red Cross. This milestone reflects Braskem's commitment to making a positive impact and prioritizing the health and well-b ...
Should Value Investors Buy Braskem (BAK) Stock?
Zacks Investment Research· 2024-01-11 00:19
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...
Braskem(BAK) - 2023 Q3 - Earnings Call Transcript
2023-11-10 05:00
财务数据和关键指标变化 - 公司第三季度的经常性EBITDA为1.87亿美元,同比增长34% [7][12] - 公司维持了强劲的流动性,第三季度末现金头寸为34亿美元,足以覆盖未来6年的所有债务 [8][9] - 公司债务期限较长,平均期限为12年,净债务水平较历史较低 [9][34][35][36] 各条业务线数据和关键指标变化 - 巴西业务利用率为68%,同比下降4个百分点,主要受到自身和主要化工客户的非计划停车影响 [13] - 巴西业务国内销量增长12%,高于同期市场需求 [13] - 绿色乙烯利用率达108%,同比增长24个百分点,主要得益于产能扩张项目完成和工艺效率提升 [14][15] - 美国和欧洲业务利用率为81%,与上季度持平,同比上升6个百分点 [26] - 墨西哥业务利用率为66%,同比和环比下降,受电力故障和乙烷供应减少影响 [28] 各个市场数据和关键指标变化 - 公司在日本开设首个办事处,日本是公司绿色聚乙烯的重要消费市场 [16][17] - 公司与SCG Chemicals成立合资公司,负责在泰国建设绿色乙烯项目 [18][19] - 墨西哥进口码头项目融资4.08亿美元,建设进度达48% [30][31] 公司战略和发展方向及行业竞争 - 公司致力于2030年前将绿色产品产能扩大至100万吨 [19] - 公司认为2024年国际市场石化毛利将逐步回升,从下行周期转向平均周期 [37][38][39] 管理层对经营环境和未来前景的评论 - 公司预计第四季度巴西业务产量和销量将有所下降,但毛利有望提升 [40][41][42] - 公司认为未来需求和供给的变化是影响毛利的关键因素,如果需求和供给恢复速度超预期,将带来上行空间 [99][100][101][102][103][104][105][106][107][108][109][110][111][112][113][114][115][116][117][118][119][120][121][122][123][124][125][126][127][128] - 公司认为化工行业对巴西经济发展至关重要,希望政府采取措施提升行业竞争力 [136][137][138][139][140] 问答环节重要的提问和回答 问题1 **Pedro Soares 提问** 询问公司是否考虑出售非核心资产以提高现金流和降低负债 [50][51][52][53][54][55][56][57][58][59] **Pedro Freitas 回答** 公司会定期评估资产组合,但目前没有出售核心资产的计划,只会考虑出售一些非核心资产,前提是能带来足够的收益 [51][52][53][54][55][56][57][58][59] 问题2 **Gabriel Barra 提问** 询问公司控股股东Novonor可能发生的变化,是否会触发公司的跟售权条款 [66][67][68][69][70][71][72][73][74] **Pedro Freitas 回答** 公司目前无法确定Novonor的具体动向,跟售权条款的触发需要看是否发生控制权变更,公司将密切关注后续进展 [70][71][72][73][74] 问题3 **Rodrigo Almeida 提问** 询问公司如何与政府沟通,提升国内化工行业的竞争力 [111][112][113][114][115][116][117][118][119][120][121][122][123][124][125][126][127][128] **Pedro Freitas 回答** 公司一直与政府就原料成本、能源成本以及整体营商环境等方面进行沟通,希望通过政策支持提升国内化工行业的竞争力 [112][113][114][115][116][117][118][119][120][121][122][123][124][125][126][127][128]
Braskem(BAK) - 2023 Q2 - Earnings Call Presentation
2023-11-07 03:44
EARNINGS CONFERENCE CALL 2Q23 AUGUST 9 , 2 0 2 3 ...
Braskem(BAK) - 2023 Q2 - Earnings Call Transcript
2023-08-17 06:00
Braskem S.A. (NYSE:BAK) Q2 2023 Earnings Conference Call August 16, 2023 11:00 AM ET Company Participants Rosana Avolio - Investor Relations Pedro Freitas - Chief Financial Officer Roberto Bischoff - Chief Executive Officer Conference Call Participants Gabriel Barra - Citibank Pedro Soares - BTG Pactual Rodrigo Almeida - Santander Luiz Carvalho - UBS Anne Milne - Bank of America Operator Good morning and thank you for waiting. Welcome to this conference call to discuss Braskem’s Second Quarter of 2023 Resul ...
Braskem(BAK) - 2023 Q1 - Earnings Call Transcript
2023-05-10 03:46
Braskem S.A. (NYSE:BAK) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Rosana Avolio - Investor Relations, Strategic Planning and Corporate Market Intelligence Director Roberto Simoes - Chief Executive Officer Pedro Freitas - Chief Financial Officer Conference Call Participants Pedro Soares - BTG Pactual Vicente Falanga - Bradesco BBI Bruno Montanari - Morgan Stanley Gabriel Barra - Citibank Luiz Carvalho - UBS Leonardo Marcondes - Bank of America Merrill Lynch Operator Good m ...
Braskem(BAK) - 2023 Q1 - Earnings Call Presentation
2023-05-10 01:05
EARNINGS CONFERENCE CALL 1Q23 M AY 9 , 2 0 2 3 PUBLIC FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements. These forward-looking statements represent not solely historical data, but also reflect the goals and expectations of Braskem's management. The terms "anticipate," "believe," "expect," "foresee," "intend," "plan," "estimate," "project," "aim" and similar terms are used to indicate forward-looking statements. Although we believe these forward-looking statements are based on ...