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.

Clic here to see the complete report

Leave your comment

All fields are required

RELATED POSTS

Date: 8 - June - 2023

Dow and Enka sign alliance to create more sustainable packaging transforming the industry towards circular economy

In line with their sustainability strategy, Dow and Enka signed a three-year supply agreement that will allow them to continue advancing in the production of more sustainable packaging in the country with the manufacture of REVOLOOPTM recycled high-density polyethylene resin, suitable for flexible packaging. This product allows both companies to offer a circular solution for…

WATCH NEW

Date: 28 - February - 2023

Enka launches its new bottle-to-bottle PET recycling plant, positioning as one of the five largest in the world.

Enka launches its new US$40 million bottle-to-bottle recycling plant for the production of EKO®PET resin.The plant, which is located near Medellín Colombia, will allow the company to double collection levels from 3 to 6 million PET bottles per day.With the operation of this new plant, 70% of the company's products will be made from recycled…

WATCH NEW