Monterrey, N.L. Mexico. February 13, 2020 – Alpek, S.A.B. de C.V. (“Alpek”) announced today its 2020 Guidance which is based on an average Brent crude oil reference price of U.S. $59 per barrel. 2020 EBITDA Guidance includes an estimated U.S. $30 million non-cash gain from the business combination effect stemming from the acquisition of our Wilton, UK facility. Non-cash inventory gains/losses and raw material carry-forward effects are excluded.
| 2020 Estimate | Change % (vs. 2019) | |
| Volume (Ktons) | 4,652 | 6 |
| Net Sales (Million) | U.S. $5,677 | (9) |
| EBITDA (Million) | U.S. $547 | (36) |
| Capex (Million) | U.S. $277 | 3 |
Note: EBITDA equals Consolidated Operating Income plus Depreciation, Amortization and Impairment of Non-Current Assets.
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