|
|
|
|
23.07.25 - 23:24
|
Orbia Announces Second Quarter 2025 Financial Results (Business Wire)
|
|
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 second quarter of 2025.
Orbia delivered revenues of $1.97 billion and EBITDA of $300 million for the second quarter of 2025, despite continued challenging market conditions in many parts of the world. However, we are beginning to observe early signs of stabilization and slight improvement in select markets. The Company made meaningful progress on its operational efficiency initiatives and maintained or improved its market position across most business groups.
Q2 2025 Financial Highlights
(All metrics are compared to Q2 2024 unless otherwise noted)
Net revenues of $1,967 million were flat year-over-year, driven by lower revenues in Polymer Solutions and Building & Infrastructure offset by higher revenues in Fluor & Energy Materials, Connectivity Solutions and Precision Agriculture.
EBITDA of $300 million decreased 10%, primarily driven by Polymer ...
|
|
16.06.25 - 23:27
|
Orbia Announces Conference Call For Its Second Quarter 2025 Earnings Results (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. will release its second quarter 2025 earnings results after the market closes on Wednesday, July 23, 2025.
On Thursday, July 24, 2025, Management will host a conference call and Q&A session to review the Q2 2025 results.
Date:
Thursday, July 24, 2025
Time:
9:00 a.m. MX | 11:00 a.m. ET
Speakers:
Sameer Bharadwaj
Chief Executive Officer
Jim Kelly
Chief Financial Officer
Diego Echave
VP, Investor Relations
Dial-in numbers:
From the USA (toll free):
+1-(888)-339-0721
From Mexico (toll free):
+001-855 817-7630
From other countries:
+1-(412)-317-5247
When dialing in, please let the operator know you are here for the Orbia earnings call.
Participants are requested to connect 10 minutes prior to start time.
The presentation that will be used during the webcast will be available on the Investors section of the Orbia website. A recording of the webcast will be posted on the website shortly after the call is completed. The webcast can be a...
|
|
|
|
13.05.25 - 23:45
|
Orbia Announces the Successful Issuance and Placement of Its Senior Notes Offering Due 2030 and 2035 in International Markets (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today it has completed the successful issuance and placement of its 6.800% and 7.500% Senior Notes due 2030 and 2035, respectively (collectively, the "Notes"), through an international offering (the “International Offering”) in the United States to qualified institutional buyers (“QIBs”) in compliance with Rule 144A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and to persons other than U.S. persons outside the United States in compliance with Regulation S, resulting in a total amount of US$1,100,000,000. The proceeds of the placement of the Notes will be used to pay the purchase price of the 1.875% Senior Notes due 2026 in connection with the tender offer carried out pursuant to the offer to purchase dated April 25, 2025 (as amended by the press release dated April 29th, 2025), and any remaining funds will be used for general corporate purposes...
|
|
|
01.05.25 - 15:51
|
Orbia announces the pricing of its senior notes offering due 2030 and 2035 in international markets (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that it has priced the offering (the "International Offering") of its 6.8% and 7.5% Senior Notes due 2030 and 2035, respectively (collectively, the "Notes"), in the United States to qualified institutional buyers (“QIBs”) in compliance with Rule 144A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and to persons other than U.S. persons outside the United States in compliance with Regulation S. Orbia expects that the proceeds from the sale of the Notes will be approximately US$1,100,000,000. The proceeds of the Notes are expected to be used to pay the purchase price of the 1.875% Senior Notes due 2026 in connection with the tender offer carried out pursuant to the offer to purchase dated April 25, 2025 (as amended by the press release dated April 29th, 2025), and any remaining funds will be used for general corporate purposes and the refinancing o...
|
|
|
26.04.25 - 00:18
|
Orbia announces the commencement of cash tender offer and consent solicitation (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today, it launched an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 1.875% Senior Notes due 2026 issued by Orbia (the “Notes”).
The relevant consideration payment summary for the Notes is as follows:
Notes
Principal Amount
Outstanding
Reference U.S.
Treasury Security(1)
Bloomberg Reference
page
Fixed Spread
(basis points)(2)
Early Tender
Payment (3)(4)
2026 Notes
U.S.$600,000,000
3.625%
UST due 5/15/2026
FIT4
0
U.S.$30
(1) The applicable maturity date is May 11, 2026.
(2) The Total Consideration for the Notes will be determined by reference to the Fixed Spread (as defined in the Offer to Purchase and Consent Solicitation Statement) plus the Reference Yield (as defined in the Offer to Purchase and Consent Solicitation Statement) based on the bid-side price of the applicable Reference Security (as defined in the Offer to Purchase and Consent Solicita...
|
|
|
|
25.04.25 - 01:18
|
Orbia Announces First Quarter 2025 Financial Results (Business Wire)
|
|
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 first quarter of 2025.
Orbia delivered reported EBITDA of $198 million for the first quarter of 2025. Adjusted EBITDA1 was $260 million when adding back legal and restructuring costs, and the impact of a raw material supply disruption.
Q1 2025 Financial Highlights
(All metrics are compared to Q1 2024 unless otherwise noted)
Net revenues of $1,811 million decreased 3%, driven by lower revenues in Polymer Solutions and Building & Infrastructure, partly offset by higher revenues in Fluor & Energy Materials and Precision Agriculture.
Reported EBITDA of $198 million decreased 21%, primarily driven by Polymer Solutions and Building & Infrastructure. Adjusted EBITDA, was $260 million, an increase of 3%.
Operating cash outflow of $22 million improved by $28 million. The improvement was mainly due to effective working capital management and positive curre...
|
|
02.04.25 - 13:24
|
Celonis Appoints Kaushik Mitra as India Go-To-Market Leader to Accelerate Growth (Business Wire)
|
|
BENGALURU, India & NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis, the global leader in Process Mining and Process Intelligence, today announced the appointment of Kaushik Mitra as Vice President and Head of India Go-to-Market (GTM). Mitra will lead Celonis' expansion in this fast-growing market by driving strategic growth initiatives, deepening customer and partner relationships, and scaling business operations.
India is a critical hub for Celonis; its Bengaluru office, which opened in 2021, hosts close to 200 team members. The company works with leading brands that have global capability centers (GCCs) in India, such as Dell Technologies, Wells Fargo, Mercedes-Benz, Siemens, Merck and ABB. Celonis also partners with the largest global consulting firms and system integrators (GSI) in the country, such as Capgemini, Deloitte, EY, KPMG, PwC and TCS amongst others.
Celonis is expanding its presence in India by scaling both its GCC and domestic customer base, strengthening its regional Center of Excellence (Co...
|
|
21.03.25 - 19:06
|
Orbia Announces Conference Call For Its First Quarter 2025 Earnings Results (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. will release its first quarter 2025 earnings results after the market closes on Thursday, April 24, 2025.
On Friday, April 25, 2025, Management will host a conference call and Q&A session to review the Q1 2025 results.
Date:
Friday, April 25, 2025
Time:
9:00 a.m. MX | 11:00 a.m. ET
Speakers:
Sameer Bharadwaj
Chief Executive Officer
Jim Kelly
Chief Financial Officer
Diego Echave
VP, Investor Relations
Dial-in numbers:From the USA (toll free):
+1-(888)-339-0721
From Mexico (toll free):
+001-855 817-7630
From other countries:
+1-(412)-317-5247
When dialing in, please let the operator know you are here for the Orbia earnings call.
Participants are requested to connect 10 minutes prior to start time.
The presentation that will be used during the webcast will be available on the Investors section of the Orbia website. A recording of the webcast will be posted on the website shortly after the call is completed. The webcast can be accessed...
|
|
|
21.02.25 - 01:33
|
Orbia Announces Fourth Quarter and Full-Year 2024 Financial Results (Business Wire)
|
|
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 fourth quarter and full year of 2024.
Orbia delivered reported EBITDA of $222 million for the fourth quarter of 2024 and $1,097 million for full year 2024. Adjusted EBITDA for the fourth quarter was $273 million and was $1,189 million for the full year taking into account one-time legal and restructuring costs, which is more reflective of fundamental performance. These results align with recent guidance and demonstrate the Company's commitment to operational and financial discipline amidst challenging current market dynamics.
Q4 2024 Financial Highlights
(All metrics are compared to Q4 2023 unless otherwise noted)
Net revenues of $1,780 million increased 0.5%, driven by higher revenues in Precision Agriculture and Polymer Solutions, largely offset by lower revenues in Connectivity Solutions, Building & Infrastructure and Fluor & Energy Materials...
|
|
13.01.25 - 23:03
|
Orbia Announces Conference Call For Its Fourth Quarter and Full Year 2024 Earnings Results (Business Wire)
|
|
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. will release its fourth quarter 2024 earnings results after the market closes on Thursday, February 20, 2025.
On Friday, February 21, 2025, Management will host a conference call to review the Q4 and full year 2024 results.
The presentation will include a Q&A session and will begin at 10:00am (ET).
Date:
Friday, February 21, 2025
Time:
9:00 a.m. MX | 10:00 a.m. ET
Speakers:
Sameer Bharadwaj
Chief Executive Officer
Jim Kelly
Chief Financial Officer
Diego Echave
VP, Investor Relations
Dial-in numbers:
From the USA (toll free):
+1-(888)-339-0721
From Mexico (toll free):
+001-855 817-7630
From other countries:
+1-(412)-317-5247
When dialing in, please let the operator know you are here for the Orbia earnings call.
Participants are requested to connect 10 minutes prior to start time.
The presentation that will be used during the webcast will be available on the Investors section of the Orbia website. A recording of the webcas...
|
|