Nexa Reports First Quarter 2021 Results Including Adjusted EBITDA of US$180 Million
Nexa has recorded the third-highest-quarter Adjusted EBITDA in its history, overcoming the challenging scenario.\nWhile people around the world are being vaccinated, the recent increase in COVID-19 cases in Brazil and Peru is a concern.
- Nexa has recorded the third-highest-quarter Adjusted EBITDA in its history, overcoming the challenging scenario.\nWhile people around the world are being vaccinated, the recent increase in COVID-19 cases in Brazil and Peru is a concern.
- We continue to focus on protecting our people, ensuring business continuity and delivering the Aripuan\xc3\xa3 project.
- In that same period, we implemented initiatives that we expected to generate at least US$120 million in annualized EBITDA until the end of 2021.
- In 1Q21, these initiatives generated an estimated annualized impact to EBITDA of US$105 million.\nAs previously-disclosed, new opportunities have emerged in 2020.