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ENC ENCE Energia y Celulosa SA News Story

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Brief: ENCE Sees Strong Pulp Operating Margin And Cash Flow In Q3

July 31 (Reuters) - Ence Energia y Celulosa SA  ENC.MC :
    * STRONG PULP OPERATING MARGIN AND CASH FLOW EXPECTED IN
3Q24
    * NEW BIOMASS PLANTS REGULATION IMPROVES OUR INITIAL FY2024
CASH
FLOW FORECAST BY OVER €60 MILLION
    * BIOMASS OPERATING COSTS REDUCTION SHOULD CONTINUE IN 3Q24
    * ACCOMPLISHMENT OF OUR GOALS SHOULD ALLOW US TO MORE THAN
DOUBLE
RECURRENT EBITDA IN RENEWABLE BUSINESS OVER NEXT FIVE YEARS

Source text for Eikon:  ID:nCNM7smZ9P 
Further company coverage:  ENC.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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