Enka presents its Q1-2020 Income Statement

  • 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%.

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