Itafos (TSE:IFOS) has released an update.
Itafos Inc. reported a solid Q2 2024 with strong operational and financial performance, despite a slight decrease in financial results compared to Q2 2023. The company’s strategic execution, including the on-time and on-budget progress of the H1/NDR project and the sale of the Araxa project, aims to enhance shareholder value. Itafos also experienced a modest increase in free cash flow and is maintaining a low net leverage ratio.
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