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Braskem SA (BAK)
NYSE:BAK
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.42Last Year’s EPS
-1.67Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: -6.58%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
Braskem's earnings call for Q1 2025 highlighted improved operational performance and significant EBITDA growth, alongside strategic initiatives such as the launch of the ethane import terminal in Mexico and increased green ethylene capacity. However, challenges remain with high corporate leverage, negative working capital impacts, and continued struggles in the US and Europe PP segments amid a prolonged petrochemical downturn.Company Guidance
In the first quarter of 2025, Braskem achieved a consolidated recurring EBITDA of $224 million, marking a 121% increase from the previous quarter, with a net profit of $113 million attributable to shareholders. The company's global accident frequency rate stood at 0.92 events per million hours worked, maintaining high operational safety. The Brazil segment saw a 4-percentage point rise in the average utilization rate, leading to a recurring EBITDA of $199 million, a 101% increase. In the United States and Europe, the utilization rate increased by 13 percentage points, resulting in a recurring EBITDA of $20 million. Mexico reported a recurring EBITDA of $37 million, up by 6% from the previous quarter. Braskem's cash position at the end of Q1 was $2 billion, sufficient to cover debt maturities over the next 33 months, excluding a $1 billion revolving credit line maturing in December 2026. The company's corporate leverage was at 7.92 times, with 68% of corporate debt maturing from 2030, reflecting a long-term debt profile.Improved Operational Performance
Braskem's petrochemical plants showed a higher utilization rate in Q1 2025 compared to Q4 2024, with a global accident frequency rate of 0.92, aligning with top market standards.
Significant EBITDA Growth
Consolidated recurring EBITDA increased by 121% from Q4 2024, reaching $224 million, driven by higher spreads of PE and chemicals in the international market and increased sales of PP in the US and Europe.
Strong Cash Position
Braskem ended Q1 2025 with a cash position of $2 billion, covering debt maturities for the next 33 months, excluding the $1 billion revolving credit line available until December 2026.
Green Ethylene Capacity Increase
The green ethylene capacity at Triunfo was revised to 270,000 tons per year, exceeding previous forecasts due to successful industrial tests.
Launch of Ethane Import Terminal in Mexico
Braskem Idesa inaugurated an ethane import terminal with a capacity to receive and store 54,000 tons and transport 80,000 barrels of ethane per day, enhancing operational capability in the region.
BAK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BAK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 09, 2025 | $3.95 | $3.62 | -8.35% |
Feb 27, 2025 | $4.08 | $3.97 | -2.70% |
Nov 07, 2024 | $6.11 | $5.82 | -4.75% |
Aug 08, 2024 | $5.91 | $6.19 | +4.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Braskem SA (BAK) report earnings?
Braskem SA (BAK) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Braskem SA (BAK) earnings time?
Braskem SA (BAK) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BAK EPS forecast?
BAK EPS forecast for the fiscal quarter 2025 (Q2) is -0.42.