Braskem posts transcript of 1Q26 earnings conference call
- Braskem hosted its 1Q26 earnings call with CEO Roberto Ramos, CFO Felipe Jens, IR director Rosana Avolio.
- Recurring EBITDA reached USD 192 million, up 76% vs 4Q25; operating cash flow showed USD 603 million consumption.
- Cash ended at USD 1.1 billion including a USD 1 billion stand-by facility; adjusted net debt ex-Braskem Idesa was USD 8.5 billion.
- Management targets leverage near 4.5x in low cycles, falling to 3x-2.5x in high cycles; capital structure overhaul ongoing.
- Brazil EBITDA rose to USD 241 million on higher utilization, spreads, USD 32 million PIS/COFINS credits; Mexico posted USD -15 million EBITDA.
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