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ALPEK/A: $75M cost savings, improved ESG, and lower net debt highlight 2Q24 performance

ALPEK/A: $75M cost savings, improved ESG, and lower net debt highlight 2Q24 performance

Alpek, S.a.b. De C.v. Class AJuly 25, 20243
ALPEK/A: $75M cost savings, improved ESG, and lower net debt highlight 2Q24 performance

About this update from Alpek, S.a.b. De C.v. Class A

Achieved $75M in annualized cost savings and improved ESG rating to BBB, with 2Q24 EBITDA down 21% year-over-year but up 3% sequentially. Net debt reduced by $82M, and full-year guidance remains on track.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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