Given the 40% reduction in sales volume compared to 2020-Q1 sales, the company was able to act quickly on different fronts,managing to offset this effect and present a balanced ebitda in the second quarter ($ 137 million).
Accumulated ebitda decreased 20% compared to the previous year, due to lower sales volume on account of the COVID-19 effect. However, the ebitda margin remains stable at 7.1% vs 7.2% in 2019.
The net debt ratio ends the semester at 1.1 x ebitda, improving the result at the end of 2019 (1.3 x ebitda).
We obtained the NTC 6632 and UNE EN 15343 certification for our EKO®PET resins and recycled flakes
At Enka, we reaffirmed our commitment to sustainability and circular economy by obtaining two key certifications that guarantee the traceability of our recycled products: NTC 6632:2022 and UNE EN 15343:2008, an European standard and reference in the sector. These recognitions certify that our post-consumer recycled PET resins and flakes come from 100% recycled materials and…
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…
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