Braskem reports recurring Operating Result in 2021 of US$5.6 billion, a record high and 171% higher than in 2020
In December 2021, the Company distributed R$6.0 billion in anticipated dividends based on the results for fiscal year 2021
In 2021, the free cash flow yield was of 24%
SÃO PAULO, March 17, 2022 /PRNewswire/ -- BRASKEM S.A. ((B3: BRKM3, BRKM5 and BRKM6, NYSE:BAK, LATIBEX: XBRK)) announces today its results for 4Q21 and 2021.
4Q21 and 2021 HIGHLIGHTS:
Braskem - Consolidated:
In 4Q21, Braskem's recurring Operating Result was US$1.1 billion, 23% lower than in 3Q21, mainly due to: (i) lower international spreads for main chemicals, PE and PP in Brazil, PP in the United States and Europe and PE in Mexico, but above the historical average of the past ten years1; and (ii) lower PP sales volume in
