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).
AT COLOMBIATEX 2024 WE PROUDLY RECEIVED THE SUSTAINABILITY AWARD GRANTED BY INEXMODA
Within its participation in Colombiatex de las Americas 2024, Enka presents its portfolio of sustainable textile products, which contributes to the development of the fashion industry with less environmental impact. Aligned with international industry trends, Enka offers EKO® Filaments that are RCS certified, guaranteeing that they are indeed manufactured from recycled PET bottles. In this…
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…