Brief: OCI Total Q1 Revenues Down 11% To $1,224 Mln

OCI

14/05/2024 06:10

May 14 (Reuters) - OCI NV  OCI.AS :
    * OCI GLOBAL REPORTS Q1 2024 RESULTS
    * TOTAL Q1 2024 REVENUES OF $1,224 MILLION, A DECREASE OF
11% YOY
    * TOTAL Q1 2024 ADJUSTED EBITDA OF $297 MILLION, A DECREASE
OF 12%
YOY
    * ADJUSTED NET PROFIT FROM TOTAL OPERATIONS IN Q1 2024 WAS
$36
MILLION, VERSUS ADJUSTED NET LOSS OF $15 MILLION IN Q1 2023
    * TOTAL OPERATING FREE CASH FLOW WAS $73 MILLION IN Q1 2024
    * NET DEBT FROM TOTAL OPERATIONS WAS $3,795 MILLION ON 31
MARCH
2024
    * EXPECTS TO UPDATE MARKET ON ITS STRATEGIC REVIEW AT TIME
OF THE
Q2 2024 RESULTS ANNOUNCEMENT

Source text for Eikon:  ID:nNDLhynSY 
Further company coverage:  OCI.AS 

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