Braskem S.A. (BAK) Q3 2024 Earnings Call Transcript Summary
Braskem S.A. (BAK) Q3 2024 Earnings Call Transcript Summary
Braskem's corporate debt profile remained robust with an average maturity of about 11 years and over 65% of the debt maturing after 2030. Liquidity was reported at $2.4 billion, sufficient to cover debt maturities for the next 52 months.The following is a summary of the Braskem S.A. (BAK) Q3 2024 Earnings Call Transcript:
以下是Braskem S.A.（BAK）2024年第三季度業績會議電話交易摘要：
Financial Performance:
財務表現:
Braskem reported a significant increase in Q3 2024 with recurring EBITDA reaching $432 million, which is 35% higher than the previous quarter and 130% higher year-over-year.
Operating cash generation was $75 million for the period. Recurring cash generation resulted in a consumption of $199 million mainly due to higher interest payments.
Braskem's corporate debt profile remained robust with an average maturity of about 11 years and over 65% of the debt maturing after 2030. Liquidity was reported at $2.4 billion, sufficient to cover debt maturities for the next 52 months.
Corporate leverage improved to approximately 5.76 times, reflecting a decrease of 1.03 times from the previous quarter.
Braskem報告稱，2024年第三季度出現顯著增長，經常性EBITDA達到43200萬美元，比上季度高出35％，比去年同期高出130％。
該期間的現金流爲7500萬美元。經常性現金流導致消耗19900萬美元，主要是由於更高的利息支付。
Braskem的公司債務結構依然強勁，平均期限約爲11年，65%以上的債務在2030年後到期。流動性報告爲24億美元，足以支付未來52個月的債務到期。
公司槓桿率約爲5.76倍，較上一季度減少了1.03倍，反映了改善。
Business Progress:
業務進展：
Braskem's operational performance saw a recovery after the resumption of the Rio Grande do Su petrochemical plant post extreme weather event, significantly increasing the utilization rate of green ethylene in Brazil by 60 percentage points.
Sales volume in the Brazilian market increased by 6%, driven by heightened demand from the hygiene and cleaning sectors, as well as from civil construction and sanitation sectors.
Braskem的運營表現在極端天氣事件後恢復，特別是在恢復里約熱內盧州石化廠的發帖後，巴西綠色乙烯利用率大幅提高了60個百分點。
受到衛生和清潔領域以及民用施工和衛生領域需求增加推動，巴西市場銷量增加了6%。
Opportunities:
機會：
Usage of higher domestic feedstock in Mexico and growing polyethylene spreads in the international market contributed positively to Braskem's quarterly performance.
The ongoing strategic focus includes significant investments in growth avenues such as the newly inaugurated Center for Innovation in Renewables in the United States and advancements in the construction of an Ethane port terminal in Mexico.
墨西哥使用更多國內原料和國際市場上聚乙烯價差擴大對Braskem季度業績產生積極影響。
正在進行的戰略聚焦包括在美國新開業的可再生創新中心等增長領域的重大投資，以及在墨西哥乙烷港口碼頭建設方面的進展。
Risks:
風險：
Scheduled downtimes in polyethylene and PVC plants in the upcoming quarters are likely to affect utilization rates especially in the Brazil segment, with expectations of a correlated decrease in sales volume due to typical seasonal demand reductions.
未來季度聚乙烯和PVC工廠的計劃停工可能會影響利用率，特別是在巴西部分，預計由於季節性需求減少，銷售量將有相關下降。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
