Alpek, S.A.B. de C.V.BMV: ALPEK/A

ALPEK/A: $75M cost savings, improved ESG, and lower net debt highlight 2Q24 performance

· Issued by Alpek, S.A.B. de C.V.

Achieved $75M in annualized cost savings and improved ESG rating to BBB, with 2Q24 EBITDA down 21% year-over-year but up 3% sequentially. Net debt reduced by $82M, and full-year guidance remains on track.

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