reports
Orbia Announces Conference Call For Its First Quarter 2025 Earnings Re...
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. will release its first quarter 2025 earnings results after the market closes on Thursday, April 24, 2025. On Friday, April 25, 2025, Management will host a conference call and Q&A session to review the Q1 2025 results. Date: Friday, April 25, 2025 Time: 9:00 a.m. MX | 11:00 a.m. ET Speakers: Sameer Bharadwaj Chief Executive Officer Jim Kelly Chief Financial Officer Diego Echave VP, Investor Relations Dial-in numbers:From the USA (toll free): +1-(888)-339-0721 From Mexico (to...
Supreme Industries and Orbia Building & Infrastructure Business Wavin ...
MUMBAI, India & BOSTON--(BUSINESS WIRE)-- The Supreme Industries Ltd. (“Supreme”), India’s largest plastic pipe manufacturer, and the Building & Infrastructure (Wavin) business of Orbia Advance Corporation S.A.B. de CV (BMV: Orbia), a global leader in pipes and fittings, today announced the intention to enter into a long-term partnership agreement. Under the agreement, Supreme will acquire Orbia Wavin’s pipes and fittings business in India and will have exclusive access to Orbia Wavin’s leading water management technologies in India and SAARC countries. This strategic initiative will expand Su...
Orbia Releases 2024 Annual Impact Report, Reflecting Its Progress On S...
BOSTON--(BUSINESS WIRE)-- , S.A.B. de C.V. (BMV: ORBIA) has released its 16th annual report detailing the company’s 2024 business performance and progress against its environmental, social and governance goals. The full Orbia Impact Report is available on . “Over the course of our history, our company has grown by seizing opportunities for sustainable growth and impact,” said Sameer Bharadwaj, CEO of Orbia. “Despite the challenging business conditions of the past year, we have continued to pioneer solutions that advance life around the world by addressing pressing resource challenges spanning...
Orbia Included in Dow Jones Sustainability Indices for Sixth Year; Nam...
BOSTON--(BUSINESS WIRE)-- , S.A.B. de C.V. (BMV: ORBIA*), a global sustainable solutions provider, has been named to the Dow Jones Sustainability Indices for the sixth consecutive year. In addition, Orbia has been included in the S&P Global Sustainability Yearbook for the fourth consecutive year. These continued recognitions affirm Orbia’s dedication to advancing life around the world through sustainable, responsible business. “Sustainability isn’t just a metric for us—it’s embedded in how we do business, innovate and create impact,” said Tania Rabasa Kovacs, Chief Sustainability Officer at ...
Orbia Announces Fourth Quarter and Full-Year 2024 Financial Results
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the fourth quarter and full year of 2024. Orbia delivered reported EBITDA of $222 million for the fourth quarter of 2024 and $1,097 million for full year 2024. Adjusted EBITDA for the fourth quarter was $273 million and was $1,189 million for the full year taking into account one-time legal and restructuring costs, which is more reflective of fundamental performance. These results align with recent guidance and demonstrate the Company’s commitm...
Orbia Announces Conference Call For Its Fourth Quarter and Full Year 2...
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. will release its fourth quarter 2024 earnings results after the market closes on Thursday, February 20, 2025. On Friday, February 21, 2025, Management will host a conference call to review the Q4 and full year 2024 results. The presentation will include a Q&A session and will begin at 10:00am (ET). Date: Friday, February 21, 2025 Time: 9:00 a.m. MX | 10:00 a.m. ET Speakers: Sameer Bharadwaj Chief Executive Officer Jim Kelly Chief Financial Officer Diego Ec...
Orbia Ranked as One of the Top 200 Companies with Best Reputations in ...
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation (BMV: ORBIA*) has been featured in the 12th edition of the of the companies with the best reputations in Mexico. The prestigious and rigorous ranking analyzes 27 different sources of information and perceptions from over 36,000 individual surveys to identify the companies that stand out for their excellence in leadership, ethical practices, social responsibility and innovation. Merco Mexico's ranking determines the top companies through a compilation of factors including economic results, quality of business offerings, digital presenc...
Orbia Receives Award for Property Risk Management from FM
BOSTON--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) has been recognized by FM, a leading commercial property insurer, for excellence in property risk management. The Orbia Risk Management team worked with FM over the course of 2023 and 2024 to identify opportunities to safeguard facilities and ensure business and asset resilience. Orbia’s success in protecting its operations and preventing losses contributed to from FM of more than half a million dollars last year. “This recognition from FM affirms that our investments in risk mitigation continue to have a mean...
Orbia Announces Third Quarter 2024 Financial Results
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the third quarter of 2024. Orbia delivered EBITDA of $288 million for the third quarter of 2024. Weak market conditions persist and the Company remains cautious for the remainder of the year. Orbia continued to focus on optimizing its cost structure and managing cash flows, resulting in a strong operating cash flow conversion rate of 98% of EBITDA for the quarter. Q3 2024 Financial Highlights (All metrics are compared to Q3 year 2023 unless ot...
Orbia’s Building & Infrastructure Business Wavin Opens New Production ...
BATANG, Indonesia--(BUSINESS WIRE)-- Today, Orbia Advance Corporation S.A.B. de C.V.’s (BMV: ORBIA*) Building & Infrastructure (B&I) business, Wavin, formally opened its new production plant in new Grand Batang City, Indonesia. The facility will supply the company’s expanding customer base in Indonesia and the Asia Pacific region with sustainable sanitation and water management solutions. Sameer S. Bharadwaj, Orbia CEO commented, “This investment brings our business’ innovative water management solutions to a high need and high opportunity market. It is a decisive step on our journey to advan...
Orbia Announces Conference Call For Its Third Quarter 2024 Earnings Re...
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. will release its third quarter 2024 earnings results after the market closes on Wednesday, October 23, 2024. On Thursday, October 24, 2024, Management will host an extended conference call to review the Q3 2024 results and to present an overview of the market dynamics by business group. Orbia Management will also discuss the impact of initiatives implemented to address current market conditions, contributions from near-term growth projects, effects of a potential market recovery and an outlook for the key financial targe...
Orbia and Microsoft Launch First Water Replenishment Project in Brazil
BOSTON--(BUSINESS WIRE)-- The Orbia Advance Corporation S.A.B. de C.V. (BMV: ORBIA) Building & Infrastructure business Wavin announced its agreement with Microsoft to tackle water stress and promote water resilience worldwide. Orbia will support Microsoft in making progress against its target to replenish more than it consumes by 2030 via various water positive projects using Orbia Building & Infrastructure (Wavin) solutions for cities and urban environments. The first project as part of this agreement has been initiated with SANASA, a public water supply and sanitation company in Campinas, ...
Orbia Provides an Update on its PVDF JV and Capital Investments
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) announces an update on its PVDF Joint Venture (“the PVDF Project”) and its capital investments plans. Consistent with its partner’s recent announcement regarding the PVDF Project investment extension by up to two years, the previously communicated pause on its PVC capacity expansion and no intent to pursue material acquisitions in the near term, Orbia has revised and significantly reduced its capital investment plan. The yearly estimates are $525 million for 2024 and $450 million...
Orbia Announces Second Quarter 2024 Financial Results
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for second quarter of 2024. Orbia delivered revenues and EBITDA of $2.0 billion and $334 million, respectively, for the second quarter of 2024. EBITDA included $13 million of non-operating charges. The EBITDA was $110 million below the prior year, which included a strong result of $444 million. Demand and pricing conditions across certain markets where Orbia participates have remained weak, especially in parts of Europe. The year-over-year decline...
Orbia Chief Financial Officer Jim Kelly Featured in Forbes Mexico’s 20...
BOSTON--(BUSINESS WIRE)-- Orbia’s Chief Financial Officer James Patrick (“Jim”) Kelly was featured in Forbes Mexico’s 2024 list of the top 20 CFOs for the second consecutive year. At a ceremony held on July 11 in Mexico City, Treasury Director Mariana Agüeros Martínez accepted an award on Kelly’s behalf. This press release features multimedia. View the full release here: Orbia Chief Financial Officer James Patrick (“Jim”) Kelly (Photo: Business Wire) The 2024 ranking featured executives who have demonstrated exceptional financial leadership through challenging times and generated value throu...
Orbia Announces Conference Call For Its Second Quarter 2024 Earnings R...
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. will release its second quarter 2024 earnings results after the market closes on Wednesday, July 24, 2024. Management will host a conference call to review results. Date: Thursday, July 25, 2024 Time: 9:00 a.m. MX | 11:00 a.m. ET Speakers: Sameer Bharadwaj Chief Executive Officer Jim Kelly Chief Financial Officer Diego Echave VP, Investor Relations Dial-in numbers: From the USA (toll free): +1-(888)-339-0721 From Mexico (toll free):...
Orbia Wins Two Categories in Ragan 2024 Employee Communications and To...
BOSTON--(BUSINESS WIRE)-- After being selected as a finalist in the categories of employer branding, virtual town hall and employee engagement in reflection of Orbia’s employer brand and employer value proposition launch in 2023, Orbia by the Ragan 2024 Employee Communications and Top Places to Work Awards in the employer branding and virtual town hall categories. On April 18, Orbia joined hundreds of B2B and B2C household names at a finalist ceremony in Chicago. Orbia’s Chief Communications Officer Kacy Karlen attended and accepted the awards on behalf of the company. Established in 1968, ...
Orbia Announces First Quarter 2024 Financial Results
MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the first quarter of 2024. Orbia’s first quarter performance reflects the continued weakness in the market environment, primarily driven by sustained elevated interest rates, lower prices, delays in private and public infrastructure projects and continued subdued demand in Europe. The Company continues to operate with strong fiscal and operational discipline, proactively managing the factors within its control during a challenging market envir...
Orbia Ranked as a Best Company for Women, Best Company for Millennials...
BOSTON--(BUSINESS WIRE)-- Orbia has by the Women’s Choice Award on its 2024 lists of best companies for women and millennials. The annual listings honor companies that provide excellent working environments for women in the U.S. labor force. "At Orbia, we are deeply committed to cultivating our most valuable capital: our people. We go above and beyond industry standards to enhance the fulfillment, development and well-being of our global employee community and instill moments that matter in each employee’s career experience. The recognition by the Women’s Choice Award reinforces our value o...
Orbia Releases Annual Impact Report, Highlighting Strong Progress on S...
BOSTON--(BUSINESS WIRE)-- Today Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) released its 15th annual , which encompasses the company’s overall business performance as well as key accomplishments in advancing life around the world. “Amidst challenging conditions and a changing global landscape, Orbia remains committed to its purpose to advance life around the world. What’s good for the world is simply good business, and we were especially proud that the external pressures of 2023 did not stall our delivery of offerings that contribute to solving the world’s toughest challenges, sp...
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