The first quarter of 2020 displays positive results, without mayor effects from COVID19. Nonetheless, the effects of the mandatory preventive lockdown will be observed on the second quarter due to lower sales and operation stops.
The EBITDA increased 79%, ending at $11,337 million, while the EBITDA Margin improved from 6.2% in Q1-2019 to 11.1% in Q1-2020.
Our market diversification strategy has led to expand the Company in the U.S. market (+33%), reaching a share in sales of 16%.
AT COLOMBIATEX 2024 WE PROUDLY RECEIVED THE SUSTAINABILITY AWARD GRANTED BY INEXMODA
Within its participation in Colombiatex de las Americas 2024, Enka presents its portfolio of sustainable textile products, which contributes to the development of the fashion industry with less environmental impact. Aligned with international industry trends, Enka offers EKO® Filaments that are RCS certified, guaranteeing that they are indeed manufactured from recycled PET bottles. In this…
POSTOBÓN AND ENKA SIGN AGREEMENT FOR THE SUPPLY OF RECYCLED PET RESIN
In line with their sustainability and circularity strategies, Postobón and Enka signed a ten-year agreement for the supply of EKO®PET resin, made from recycled PET bottles, for the production of their new bottles. This alliance will strengthen the implementation of the circular economy in the country, closing the PET cycle, a 100% recyclable material that…
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