Orbia Advance Corporation, S.A.B. de C.V. (OTCPK:MXCHF) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET
Company Participants
Diego Echave - VP of IR
Sameer Bharadwaj - CEO
James Kelly - CFO
Conference Call Participants
Leonardo Marcondes - Bank of America
Pablo Monsivais - Barclays
Pablo Ricalde - Santander
Andres Cardona - Citigroup
Tasso Vasconcellos - UBS
Till Moewes - Schroders
Alejandra Obregon - Morgan Stanley
Operator
Good morning and welcome to Orbia's Second Quarter 2024 Earnings Conference Call. As we turn to Slide 1, all participants will be in a listen-only mode. [Operator Instructions] Please also note that this event is being recorded.
I will now turn the conference over to Diego Echave, Orbia's Vice President of Investor Relations. Please go ahead, sir.
Diego Echave
Thank you, operator. Good morning, and welcome to Orbia's second quarter 2024 earnings call. We appreciate your time and participation.
Joining me today are Sameer Bharadwaj, CEO; and Jim Kelly, CFO. Before we continue, a friendly reminder that some of our comments today will contain forward-looking statements, based on our current view of our business, and actual future results may differ materially. Today's call should be considered in conjunction with cautionary statements contained in our earnings release, and in our most recent Bolsa Mexicana de Valores report. The company disclaims any obligation to update or revise any such forward-looking statements.
Now, I would like to turn the call over to Sameer.
Sameer Bharadwaj
Thank you, Diego, and good morning, everyone.
Before we begin discussing this quarter's results, I would like to thank our global employees for their continued commitment to improving business performance, and solving our customer's challenges in difficult market conditions.
Turning to Slide 3, I will share a high-level overview of our second quarter 2024 performance. Revenues of $2 billion decreased 9%, and EBITDA