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

1. Braskem, largest resin producer, reports 4Q24 earnings. 2. Recurring EBITDA stands at $102 million. 3. Company maintains cash position of $2.4 billion for debt coverage. 4. Operating cash generation reported at $204 million.

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Why Bullish?

Braskem's strong cash position and EBITDA indicate financial stability, potentially boosting investor confidence. Historical performance shows similar circumstances led to positive price movements.

How important is it?

The earnings report is crucial for assessing Braskem's financial health, directly impacting investor confidence. Its strong balance sheet can attract investors, influencing stock direction.

Why Short Term?

The upcoming results discussion on February 27 could immediately influence stock price. Earnings releases tend to cause short-term price fluctuations.

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, /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 [email protected]. SOURCE Braskem WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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