Earnings Report /

Orbia Advance Corp: ORBIA, Quarterly Report 1Q21: Strong growth at year' s start and rises guidance

  • Results driven by a solid performance in Vestolit, Wavin and Netafim amid a favorable pricing and demand environment

  • On the back of a more favorable businesses outlook, it raised its EBITDA guidance to +15% in 2021 vs 4%-7% previously

  • The above, coupled with a strong balance (ND/EBITDA 2.6x), will allow it to continue leverage the opportunities ahead

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

4 May 2021
Published byBanorte


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