Brief: Oci Q1 Net Cash From Continuing Operations At USD 1,033 Mln

OCI

22/05/2025 07:05

May 22 (Reuters) - OCI NV OCI.AS:

ENTERS 2025 WITH POSITIVE MOMENTUM

DISTRIBUTES USD 1.0 BILLION TO SHAREHOLDERS IN MAY

NET CASH FROM CONTINUING OPERATIONS AT USD 1,033 MILLION AS OF MARCH 31

METHANOL SALE TO METHANEX EXPECTED TO CLOSE IN Q2 2025

SECURED A BINDING SUPPORT AGREEMENT WITH A LARGE GROUP OF BONDHOLDERS REGARDING TREATMENT OF 2033 BONDS

CONTINUING OPERATIONS ADJUSTED EBITDA FOR Q1 2025 CONTINUED TO SHOW A LOSS

REMAINS ON TRACK TO BEAT ITS PREVIOUSLY GUIDED CORPORATE COST TARGET OF USD 30 - 40 MILLION ON A RUN RATE BASIS BY THE END OF 2025

Source text: ID:nCNWSP0Y6a

Further company coverage: OCI.AS

 (Gdansk Newsroom)

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