Strong Sequential Improvement in Industry Volume
Industry volume increased by 25% sequentially, indicating a recovery past the most challenging period.
Stable EBITDA Margin
Consolidated adjusted EBITDA margin stood at 24%, improving by 78 basis points year-over-year despite economic challenges.
Reduced Net Debt
Net debt decreased to $177 million, achieving a net debt-to-EBITDA ratio of 1.03x, down from 1.4x at the end of 2023.
Successful Cost Management
Cost control and operational flexibility allowed the company to mitigate the impact of higher seasonal energy costs.
Increase in Cash Generation
Cash generation from operational activities reached ARS 64 billion, up from ARS 45 billion in the same period of 2023.