Pampa Energia SA (PAM) has released an update.
Pampa Energía SA reported an 8% increase in sales for Q2 2024, reaching US$500 million, driven by higher gas production and seasonal demand. Adjusted EBITDA rose 30% to US$288 million, while net profit decreased by 39% due to lower gains from financial activities and an impairment on property, plant, and equipment. The company also highlighted a reduced net debt to US$691 million, indicating a net leverage ratio of 1.0x.
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