Business
NEMAK/A: EBITDA up 3% to $169M in 3Q24, with margin gains offsetting lower volumes and revenue
NEMAK/A: EBITDA up 3% to $169M in 3Q24, with margin gains offsetting lower volumes and revenue
About this update from Nemak Sab De Cv
EBITDA rose 3% to $169M in 3Q24 despite lower volumes and revenue, with margin gains from efficiencies and commercial actions. Net income fell to $5M due to FX losses, while new contracts and debt refinancing strengthened the outlook.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.