Braskem Achieves Major Growth with R$265 Million Cash Generation in 4Q24

Braskem Reports Strong Financial Performance in Q4 2024

Braskem S.A., recognized as the largest resin producer across the Americas and a leader in biopolymers, has once again demonstrated its robust financial health. In its recently released fourth quarter earnings for 2024, the company reported a recurrent cash generation of R$265 million, reflecting a strong operational performance amid an evolving market landscape.

Key Financial Highlights

In the fourth quarter of 2024, Braskem's consolidated recurring EBITDA reached an impressive US$1.1 billion. This figure signifies a remarkable 46% increase compared to the previous year, underscoring the company's effective strategies in enhancing profitability and operational efficiency. The company's cash generation for the quarter stood at US$204 million, approximately R$1.1 billion, which is essential for maintaining a solid cash position going forward.

Braskem's total cash position as of the end of Q4 2024 was a substantial US$2.4 billion. This figure ensures that Braskem has more than enough liquidity to manage its debt obligations for the next 47 months, solidifying its financial stability through uncertain times.

Operational Performance

Braskem's consistent efforts in improving its cash generation capacity have paid off, as evidenced by the substantial increase in recurring EBITDA. The company's management attributes this achievement to a combination of strategic cost management, sales growth, and innovations in product offerings.

The robust performance in Q4 2024 can also be attributed to rising global demand for resins and biopolymers. As industries strive for more sustainable materials, Braskem's product portfolio continues to appeal to a wide range of customers, positioning them favorably against their competitors.

Forward-Looking Statements

To provide detailed insights into these impressive results, Braskem will host an earnings call on February 27, 2025, at 9:00 AM US ET. Stakeholders and investors are encouraged to participate to gain further insights into the company's strategic direction and upcoming initiatives.

Investors looking to dive deeper into the details can visit Braskem's Investor Relations website, where the full earnings release is available. Moreover, the Investor Relations Department is available for any inquiries via phone or email.

Conclusion

Braskem's fourth quarter results exemplify the company's resilience and capability to thrive in a competitive market. With such a strong cash generation and EBITDA figures, the future seems bright for Braskem, promising growth and further innovations in bioplastic solutions. As sustainability becomes increasingly vital for both businesses and consumers, Braskem stands ready to lead the charge with its innovative, environmentally friendly products.