Orbia Results Presentation Deck
LO
5
Building and Infrastructure and Precision Agriculture increased, offset by
Polymer Solutions, Connectivity Solutions and Fluorinated Solutions
Polymer
Solutions
Revenue ($M)
$837
$117
$677
13.9%
EBITDA ($M), Margin (%)
$86
Building and Precision
Infrastructure Agriculture
12.7%
$700
$70
9.9%
$694
$79
11.4%
$224
$12
5.4%
$250
$19
7.4%
V vestolit
Connectivity
Solutions
$368
$104
28.3%
2022
$252
$69
27.5%
alphagary
Fluorinated
Solutions
$223 $187
$78
2023
35.0%
$67
35.9%
wavin
Polymer Solutions
Weaker market conditions and lower PVC and caustic soda pricing. The lower
pricing resulted from weaker construction markets tied to higher interest rates as
well as the global impact of weakness in China
EBITDA was lower due primarily to lower selling prices, while the business
continues to manage its costs and operations
●
Building and Infrastructure
Impact of high interest rates which resulted in lower demand in construction and
infrastructure sectors, particularly in Europe and North America. This was partly
offset by volume improvement in Latin America and Asia markets
EBITDA improvement reflects lower cost of raw materials, cost optimization and
contribution from recent acquisitions such as Bow Plumbing Group
Precision Agriculture
Strong performance in certain Asian, Latin American markets and improvement in
Europe, which more than offset the reduced demand in the US and other markets
driven by weaker economic conditions and weather-related events
EBITDA increased due primarily to the higher revenues
Connectivity Solutions
Lower volume across major markets and lower pricing as many customers
deferred orders as a result of the current high interest rate environment
Higher EBITDA due to strong pricing and stabilization of raw material costs
Fluorinated Solutions
Product mix and lower volume related to delayed timing on certain shipments and
inventory destocking in the refrigerant gases business, particularly in the US
EBITDA decreased by lower revenue and higher production costs due to the
appreciation of the MXN. This was partially offset by higher y-o-y pricing
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NETAFIM™
O
dura-line
Koura
orbia
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