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.

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Date: 8 - June - 2023

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