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MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  Braskem S.A.    BRKM5   BRBRKMACNPA4

BRASKEM S.A.

(BRKM5)
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Braskem S A : invites to the conference call about its new plant in the United States

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09/18/2020 | 07:20pm EDT

NOTICE TO THE MARKET

São Paulo, September 18, 2020 - Braskem S.A. ('Braskem' or 'Company'), in compliance with Official Letter 7/2020-CVM/SEP, informs its shareholders and the market in general about the participation of Company executives in the following online event for the general public:

Conference call regarding the start of the new PP plant in the United States (Delta)

Participants: Roberto Simões (CEO), Pedro Freitas (CFO), Mark Nikolich (Olefins & Polyolefins North America VP) and Chris Bland (Delta Project leader).

Date: September 24, 2020 (Thursday)

Schedule: 10:00 a.m. (Brasília) / 09:00 a.m. (US ET)

Link: https://webcastlite.mziq.com/cover.html?webcastId=96523759-6194-4655-9e68-c21ebfbae771

Topics to be discussed: Information about the new PP plant in the United States (Delta).

Please, find below the information to access the conference call:

Conference Call / Webcast
(only in English)

September 24, 2020 (Thursday)
09:00 a.m. (US ET)
10:00 a.m. (Brasília)
06:00 a.m. (Los Angeles)
02:00 p.m. (London)

Participants: +1 (412) 717 9627 or
+55 (11) 3181-8565
Password: Braskem
Click here for the webcast

<_o3a_p>

For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail to braskem-ri@braskem.com.br.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report on Form 6-K may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are statements that are not historical facts, and are based on our management's current view and estimates of future economic and other circumstances, industry conditions, company performance and financial results, including any potential or projected impact of the geological event in Alagoas and related legal proceedings and of COVID-19 on our business, financial condition and operating results. The words 'anticipates,' 'believes,' 'estimates,' 'expects,' 'plans' and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the potential outcome of legal and administrative proceedings, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting our financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of our management and are subject to a number of risks and uncertainties, many of which are outside of the our control. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors, including the projected impact of the geological event in Alagoas and related legal proceedings and the unprecedented impact of COVID-19 pandemic on our business, employees, service providers, stockholders, investors and other stakeholders, could cause actual results to differ materially from current expectations. Please refer to our annual report on Form 20-F for the year ended December 31, 2019 filed with the SEC, as well as any subsequent filings made by us pursuant to the Exchange Act, each of which is available on the SEC's website (www.sec.gov), for a full discussion of the risks and other factors that may impact any forward-looking statements in this presentation.

Disclaimer

Braskem SA published this content on 18 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2020 22:19:02 UTC


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Financials
Sales 2020 53 253 M 9 473 M 9 473 M
Net income 2020 -3 506 M -624 M -624 M
Net Debt 2020 38 646 M 6 874 M 6 874 M
P/E ratio 2020 -5,47x
Yield 2020 0,01%
Capitalization 19 196 M 3 413 M 3 415 M
EV / Sales 2020 1,09x
EV / Sales 2021 1,00x
Nbr of Employees 4 700
Free-Float 25,4%
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Technical analysis trends BRASKEM S.A.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 28,36 BRL
Last Close Price 24,63 BRL
Spread / Highest target 62,4%
Spread / Average Target 15,1%
Spread / Lowest Target -4,59%
EPS Revisions
Managers
NameTitle
Roberto Lopes Pontes Simões President & Chief Executive Officer
José Mauro Mettrau da Cunha Chairman
Pedro van Langendonck de Freitas CFO & Investor Relations Officer
João Cox Neto Vice Chairman
Gesner José de Oliveira Filho Independent Director
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