Nexa Resources Reports Strong 2024 Results with a 76% Increase in Annual Adjusted EBITDA
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Nexa Resources reported a strong financial performance for 2024, with a 76% increase in annual Adjusted EBITDA, reaching $714 million. The company also achieved positive cash flow and reduced its net leverage ratio to 1.7x.
February 20, 2025 | 10:30 pm
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Nexa Resources reported a 76% increase in annual Adjusted EBITDA for 2024, reaching $714 million. The company achieved positive cash flow and reduced its net leverage ratio to 1.7x.
The significant increase in Adjusted EBITDA and positive cash flow are strong indicators of Nexa's improved financial health. The reduction in net leverage ratio further strengthens its financial position, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100