Q4 2021 Ence Energia y Celulosa SA Earnings Call Transcript
Good afternoon, ladies and gentlemen. Welcome to the ENCE Fourth Quarter 2021 Results Presentation.
I now hand over to Mr. Ignacio Colmenares, Executive Chairman; and Alfredo Avello, CFO. Gentlemen, Please go ahead.
 -
Good afternoon, ladies and gentlemen. Thank you for joining ENCE's Fourth Quarter 2021 Results Conference Call. Our CFO, Alfredo Avello; and our Head of IR, Alberto Valdes, are also connected. After the presentation, we will be pleased to answer any questions you may have.
Let's start with Slide 3, where we summarize the business highlights in 2021, a year of strong cash flow generation and net debt reduction. Operating cash flow generation before hedges increased to EUR 302 million in 2021. Free cash flow generation and net debt reduction amounted to EUR 76 million, even after negative settlements from one of hedges of EUR 106 million, a EUR 21 million reduction in the use of factoring lines and EUR 56 million
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
