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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 : notices to the market the normalization of its operations in the United States

10/06/2020 | 07:10pm EST

NOTICE TO THE MARKET

São Paulo, October 6, 2020 - BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), in connection with the Notice to the Market disclosed on September 2, hereby informs its shareholders and the market that, due to the recovery in North American Polypropylene (PP) demand, the utilization rate of its industrial units in the United States has returned to normal levels and, in September, the Company registered a sales volume of over 140 thousand tons of PP in the North American market.

In addition, regarding sales of resins in the Brazilian market, the Company recorded sales volume surpassing 365 thousand tons in September, a new historical monthly record for sales in this market, reinforcing its continuous strategy of giving priority to serving the Brazilian market.

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

Disclaimer

Braskem SA published this content on 06 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2020 23:09:04 UTC


© Publicnow 2020
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Financials
Sales 2020 51 911 M 9 745 M 9 745 M
Net income 2020 -4 391 M -824 M -824 M
Net Debt 2020 47 469 M 8 912 M 8 912 M
P/E ratio 2020 -4,25x
Yield 2020 0,01%
Capitalization 18 850 M 3 530 M 3 539 M
EV / Sales 2020 1,28x
EV / Sales 2021 0,99x
Nbr of Employees 4 700
Free-Float 25,4%
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Technical analysis trends BRASKEM S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 28,36 BRL
Last Close Price 23,44 BRL
Spread / Highest target 70,6%
Spread / Average Target 21,0%
Spread / Lowest Target 0,26%
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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