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RSS FeedsBraskem announces 3Q19 results and invites to the conference call
(World News Brazil)

 
 

15 november 2019 04:11:27

 
Braskem announces 3Q19 results and invites to the conference call
(World News Brazil)
 


In 9M19, Braskem generated free cash flow of R$2.8 billion HIGHLIGHTS: Braskem - Consolidated: Recurring EBITDA was US$389 million, in line with 2Q19, due to higher resin sales volume from Brazil in both the domestic and export markets and by PP sales in Europe, which partially offset lower international spreads. In Brazilian real, recurring EBITDA came to R$1,549 million, increasing 2% from 2Q19. Free cash generation was R$401 million in 3Q19, down 82% from 2Q19, due to the impact on working capital from the lower feedstock consumption, which were offset by the efficient management of inventories in the quarter. Financial leverage...


 
23 viewsCategory: General > South America > Brazil
 
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