Braskem SA (FRA:BRDA)
€ 1.01 -0.020 (-1.94%) Market Cap: 759.68 Mil Enterprise Value: 11.21 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 58/100

Q1 2025 Braskem SA Earnings Call Transcript

May 12, 2025 / 02:30 PM GMT
Release Date Price: €1.52 (-8.98%)

Key Points

Positve
  • Braskem SA (BAK) reported a consolidated recurring EBITDA of $224 million, a 121% increase compared to the fourth quarter of 2024.
  • The company maintained a high level of operational safety with an average global accident frequency rate of 0.92 events per million hours worked.
  • Braskem SA (BAK) ended the first quarter of 2025 with a cash position of $2 billion, sufficient to cover debt maturities over the next 33 months.
  • The company celebrated 15 years of its green bio-based portfolio, emphasizing its leadership in biopolymers and sustainability.
  • Braskem SA (BAK) inaugurated the ethane import terminal in Mexico, enhancing its operational capacity and reducing logistics costs.
Negative
  • The company experienced an operating cash consumption of approximately 936 million barrels due to negative variations in working capital.
  • Braskem SA (BAK) reported a corporate leverage of 7.92 times at the end of the first quarter of 2025.
  • The petrochemical industry is facing a prolonged downturn, impacting Braskem SA (BAK)'s financial performance.
  • The company anticipates a challenging second quarter due to prolonged shutdowns in international markets and potential impacts from new tariff scenarios.
  • Braskem SA (BAK) is dealing with the financial implications of the Alagoas event, with a total provision balance of 5.1 billion reals.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BRKM5.SA - Braskem SA
Q1 2025 Braskem SA Earnings Call
May 12, 2025 / 02:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and thank you all for waiting.

Welcome to Brassam's first quarter 2025 results conference call.

With us here today.

We have Mr. Roberto Ramos, Brescom's CEO, Mr. Felipe Genz, Breske's CFO, and Ms. Rosanna Volo, investor relations, strategic planning, and corporate market intelligence director.

We'd like to inform you that this event is being recorded.

The presentation will be held in Portuguese with simultaneous translation into English. All participants can choose which language to listen to and see the presentation in using the show captions and view options buttons respectively.

Now, I will provide the same instructions in English.

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