earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher
(Figures 4- 7 in following pages reflect the steady growth of IVL at consolidated level although the regional levels are more cyclical). Business Outlook The doubling of PTA production in The Netherlands
capacity utilization following a steady contraction in export value. Meanwhile, public investment expanded as a result of an acceleration in disbursements by the government. Headline inflation in the second
margins corrected to LTM 2Q18 level HVA 284 271 268 • PEO, NDC, Packaging margins steady • IPA margins lowered to sustainable level • HVA Fibers margins to expand post 1H18 supply issues • Avgol, Kordarna
characteristics of the depositary receipts shall meet the following criteria: (1) foreign securities shall fall under any of the following categories: (a) ordinary shares that are traded on the foreign stock
profit after tax of $128 million (-27% YoY; +5% QoQ), higher fall YoY on account of higher interest expenses and depreciation and lower taxes. Reduction in effective tax rate following the successful
). Core net profit after tax of $128 million (-27% YoY; +5% QoQ), higher fall YoY on account of higher interest expenses and depreciation and lower taxes. Reduction in effective tax rate following the
a sharp fall pulling the SET Index down to extreme low at 1,590 points in August. Later on, following top negotiation of both sides would resume their trade talk again in October, the market is
Warrants is set to be on the third anniversary of the Warrants, which is 3 years from the issuing date of Warrants. In case, any exercise date does not fall on the Company’s business day. The exercise date