- Orbia Advance Corporation, S.A.B. de C.V. press release ( OTCPK:MXCHF ): Q3 Revenue of $2.29B in-line.
- Net majority income of $86 million decreased 56%, driven by lower EBITDA.
- Considering the results achieved year-to-date and the continued challenging macroeconomic environment, Orbia reaffirms its EBITDA guidance for 2022 in the range of $1,800 million to $1,900 million, trending toward the high end of the range. The Company also reaffirms its capital expenditure guidance in the range of $400 million to $450 million for 2022, which includes incremental, high-return, growth-related projects but excludes potential larger growth investments.
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Orbia Advance Corporation, S.A.B. de C.V. reports Q3 results