Indorama Ventures Public Company Ltd

I93A

Equity

ISIN TH1027010R10 / Valor 10590129

Deutsche Boerse AG (2024-12-23)

EUR 0.72+1.41%

Indorama Ventures Public Company Ltd
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About company

Indorama Ventures Public Company Ltd, commonly known as IVL, is a global chemical producer with a diverse portfolio that spans across various sectors including feedstock, PET (polyethylene terephthalate), packaging, fibers, and recycled products. The company has established itself as a key player in the petrochemical industry, providing a wide array of products that serve multiple market needs. Its inclusion in the Dow Jones Sustainability World Index for two consecutive years and the Dow Jones Sustainability Emerging Markets Index for four consecutive years underscores its commitment to sustainable practices within the chemical sector. IVL operates on a global scale, leveraging its extensive network and expertise in the industry to maintain a competitive edge. The company's focus on a broad spectrum of petrochemical products allows it to cater to a wide customer base, ranging from packaging solutions to textile fibers, emphasizing its role as a versatile and integral player in the global supply chain.

Summarized from source with an LLMView SourceSector: Industrials

Sales Volume Increase

In the second quarter of 2024, Indorama Ventures Public Company Ltd reported a sales volume increase of 3% quarter-on-quarter (QoQ) and 1% year-on-year (YoY), reaching 3.64 million tons. This rise indicates a gradual recovery in sales volumes, signaling the end of a prolonged period of destocking that began in late 2022.

Adjusted EBITDA

Indorama Ventures Public Company Ltd's Adjusted EBITDA for 2Q24 was $370 million, reflecting a 1% increase QoQ but an 11% decline YoY. This performance was supported by the company's ongoing efforts to optimize its manufacturing model and reduce costs under its IVL 2.0 strategy.

Operating Cash Flows

Operating cash flows for Indorama Ventures Public Company Ltd in 2Q24 were $494 million, marking a significant rise of 168% QoQ and a slight decline of 1% YoY. This improvement highlights the company's effective cash management and operational efficiency during the quarter.

Net Operating Debt to Adjusted EBITDA

Indorama Ventures Public Company Ltd reported a Net Operating Debt to Adjusted EBITDA ratio of 3.97x in 2Q24. This metric is crucial for assessing the company's leverage and financial health, indicating its ability to manage debt relative to its earnings.

Reported and Adjusted EPS

For 2Q24, Indorama Ventures Public Company Ltd reported an Earnings Per Share (EPS) of THB -4.13 and an Adjusted EPS of THB 0.18. These figures reflect the company's financial performance and adjustments made to account for extraordinary items and inventory gains or losses.

Summarized from source with an LLMView Source

Key figures

4.35%1Y

-36.8%3Y

-9.43%5Y

Performance

42.0%1Y

38.1%3Y

65.3%5Y

Volatility