Braskem reports consolidated recurring EBITDA of US$ 336 million
Braskem SA ADR (BAK)
US:NYSE Investor Relations:
braskem.com.br/ri/home-en
Company Research
Source: PR Newswire
SÃO PAULO, May 8, 2019 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 1Q19.HIGHLIGHTS:Braskem - Consolidated: Braskem's recurring EBITDA was US$ 336 million, down 16% and 60% from 4Q18 and 1Q18, respectively, influenced by lower petrochemical spreads in the international market. Including non-recurring impacts, EBITDA was US$ 729 million, reflecting the positive impact of US$394 million related to PIS/COFINS tax revenue from overpayments between January 2012 and February 2017 and the reversal of provisioning related to the Energy Development Account and to REIQ in 2017. In the period, net income was R$1,028 million, compared to a net loss of R$78 million in 4Q18, and 2% lower than in 1Q18, corresponding to R$1.29 per common share and class "A" preferred share. The Company posted free cash generation of R$130 million, down 70% from 4Q18, mainly due to: (i) lower recurring EBITDA and (ii) higher concentration of intere
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- Braskem SA (BAK) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth Amid Industry Challenges [Yahoo! Finance]Yahoo! Finance
- Braskem reports Recurring EBITDA of R$2.4 billion in 3Q24, 44% higher compared to 2Q24PR Newswire
- Braskem Netherlands Finance B.V. announces expiration and final results of cash tender offer for any and all of its outstanding Subordinated Resettable Fixed Rate Notes due 2081 [Yahoo! Finance]Yahoo! Finance
BAK
Sec Filings
- 12/19/24 - Form 6-K
- 12/16/24 - Form 6-K
- 12/11/24 - Form 6-K
- BAK's page on the SEC website