In April 2021 we presented our Earnings Report accumulated for the first quarter of 2021
Ebitda continued to improve, ending 2021-Q1 at $ 17,014 million and an ebitda margin of 15.0%, historically high levels.
Net income ends at $ 12,608 million, due to the good operating result, optimization of financial costs and less impact of the exchange difference.
The good results allowed maintaining a negative debt ratio of -0.2x ebitda, even with investments for the new plant close to $ 11,000 million and higher working capital needs due to higher sales levels.
Revolutionizing the future of containers and packaging: Enka presents sustainable solutions to transform the industry at Colombiaplast 2024
Enka participates in the ColombiaPlast 2024 trade show with its portfolio of sustainable resins EKO®PET suitable for food contact approved by Invima, FDA and registered with the European Commission, and EKO®Polyolefins, completely closing the bottle cycle. The company has one of the largest bottle-to-bottle recycling plants in the world, where 6 million PET bottles are…
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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