Earnings Report /
Mexico

Orbia Advance Corp: Quarterly Report 3Q21: Vestolit main driver. Guidance rises again

  • Polymer Solutions (Vestolit) results stand out, in a favorable pricing environment given the supply/demand imbalance

  • Profitability expanded 118bp to 23.3%, reflecting cost efficiencies and extraordinary PVC margins

  • Orbia raised its EBITDA guidance again for 2021. Results, financial strength and strategy underpin a positive year-end

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
30 October 2021
Published by