weak Core EBITDA down 37% YoY Volume growth 2% year-on-year (YoY) 2 cracker in the USA has also been completed and commenced operations on Jan 31st 2020. 2019 Summary Financials Table 1: Core Financials
complete by 1Q20. Adjusted EBITDA in IVL definition for these assets for 3Q19 is US$122M and LTM3Q19 is US$360M. The acquisition strategically fit with IVL’s US gas cracker and oxides investment as it
acquisition of Spindletop and startup of Lake Charles cracker did not provide us the typical earnings which we had built in our business case. Our strong balance sheet and the strategic fit of these gas based
accounting principles (GAAP) such as - Bbig bath restructuring charges - Cookie jar reserves - Flushing the investment portfolio - Operating Income VS Non-operating Income Ways to Manage Earnings (2) 7 Real
, capitalization of the Lake Charles Gas Cracker and the adoption of new TFRS during the quarter. • Combined PET segment which also comprises our flagship PET business has seen resilient demand and improved margins
businesses including US Gas Cracker, Rotterdam, Portugal and Indonesia PTA, Brazil, Egypt and India PET as well as Avgol and Kordarna synergies in HVA, and is committed to driving higher earnings in 2018 and
เป็นคร้ังแรกท่ีเห็นการปิดตวัลงของของธุรกิจคา้ปลีกซ่ึง ส่งผลต่อธุรกิจเคร่ืองนุ่งห่มของบริษทั การเขา้ซ้ือกิจการ Spindletop และการเร่ิมด าเนินงาน Lake Charles cracker ไม่ไดส้ร้างผลก าไรตามแผนงานธุรกิจท่ี
businesses due to precautionary measures and supply chain disruptions. The Olefin Cracker in Louisi- ana faced some delays in construction activities but construction is now back in full force with pre
อตัราส่วนหน้ีสินด าเนินงานสุทธิต่อทุนเพ่ิมข้ึน 1.35 เท่าเน่ืองจากการเขา้ซ้ือกิจการ Spindletop การเร่ิมด าเนินงาน Lake Charles Gas Cracker และการใช ้TFRS ใหม่ในช่วงไตรมาส ธุรกิจ Combined PET ซ่ึงประกอบด
21% 34% 51% 1% 13% 35% 2016 2017 2018 2019 2021 Necessity HVA Cracker proforma Core EBITDA Margin (%) Core ROCE (%) Olefins Core EBITDA ($m) Note: 2016-2018 Core EBITDA Margin and ROCE based on actual