Orbia Advance Corp S.A.B.

Orbia Advance Corporation, S.A.B. de C.V. (OTCPK:MXCHF) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Diego Echave - Vice President, Investor Relations Sameer Bharadwaj - Chief Executive Officer Jim Kelly - Chief Financial Officer Conference Call Participants Andres Cardona - Citi Pablo Monsivais - Barclays Alejandra Obregon - Morgan Stanley Apurva Kilambi - Scotiabank Tasso Vasconcellos - UBS Leonardo Marcondes - Bank of America Federico Alejandro Galassi - Rohatyn Group Sofía Martin - GBM Alejandro Lavín - Santander Nicholas Frank - Jefferies Emilio Antor - GBM Operator Good morning.» Mehr auf seekingalpha.com

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the third quarter of 2024. Orbia delivered EBITDA of $288 million for the third quarter of 2024. Weak market conditions persist and the Company remains cautious for the remainder of the year. Orbia continued to focus on optimizing its cost structure and managing cash flows, resulting in a strong operating cash flow conversion rate of 98% of EBITDA.» Mehr auf businesswire.com

Orbia Advance Corporation, S.A.B. de C.V. is a company with a strong vertical and horizontally integrated participation in the PVC market. The company's integrated supply chain from feeds to end products has allowed to maintain profitability during cyclical downturns, and have a high cycle-average operating margin. Orbia's markets are currently in the downward portion of their cycle, and the company's operating margins are in all-time lows.» Mehr auf seekingalpha.com