Earnings Report /
MexicoOrbia 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
