Within the first quarter of 2024, Aguas Andinas reported notable enlargement in Ebitda, a monetary indicator that displays the corporate’s benefit ahead of deducting the hobby that should be paid on money owed, taxes, depreciations, provisions and amortizations. The corporate reached 107,153 million Chilean pesos, 4.8% greater than in the similar duration of the former yr. This enlargement displays the corporate’s forged monetary efficiency and its dedication to continuously bettering water provider within the area.
To succeed in water safety, given the continual local weather alternate eventualities throughout the primary 3 months of the yr, the corporate made investments for 27,031 million Chilean pesos, geared toward strengthening water infrastructure and going through the demanding situations derived from local weather alternate. Those investments integrated the renewal of consuming water and sewage networks, the implementation of hydraulic potency plans and the macro-metering of wells and ponds.
Miquel Sans, CFO of Andean Waters, wired the significance of those measures. “We now have endured with the funding effort geared toward new well being infrastructure to increase and diversify the supply of resources that make sure that a protected provide within the town, which as of March 31, 2024 reaches 27,031 million Chilean pesos. On this approach, we proceed to stand climatic phenomena that adjust our customary manufacturing of consuming water, keeping up the provider regularly and safely.”
One of the most corporate’s maximum notable initiatives was once the growth of the Tocornal Ingesting Water Remedy Plant. This paintings is a very powerful to extend remedy capability and make sure steady provide in eventualities of top call for or antagonistic climate stipulations.
As well as, Aguas Andinas has enabled new boreholes for the availability of Til Til, thus ensuring an extra and assorted water supply. Those efforts are a part of a broader plan to diversify water resources and make sure that the Metropolitan area is ready to stand any eventuality.
Different inventions are that the corporate is imposing an formidable virtual and procedure transformation plan. This contains the adoption of recent applied sciences and the continual development of operational potency, all inside of a brand new organizational tradition that prioritizes sustainability and possibility mitigation.
Long run projections
Internet benefit for the primary quarter of 2024 reached 54,909 million Chilean pesos, exceeding the result of the similar duration of the former yr through 5,997 million Chilean pesos. This building up was once pushed through the decrease monetary impact of inflation and environment friendly useful resource control.
In April 2024, the bizarre shareholders assembly authorized the distribution of 100% of the ordinary benefit for fiscal yr 2023, discounting the provisional dividend paid in December 2023. This resolution displays the corporate’s forged monetary place and its dedication to remuneration. to its shareholders.
To proceed its enlargement and protected financing, the corporate finished its 2024 financing plan in Might, coming into the Swiss marketplace with the issuance of 100 million Swiss francs (roughly 98,000 million Chilean pesos). This step now not simplest diversifies financing resources, but additionally reinforces the corporate’s global presence.
Miquel Sans, CFO of Aguas Andinas, highlighted the significance of those investments: “We now have endured with the funding effort geared toward new sanitary infrastructure to increase and diversify the supply of resources that make sure that a protected provide within the town, which as of March 31 in 2024 it reaches 27,031 million Chilean pesos. On this approach, we proceed to stand climatic phenomena that adjust our customary manufacturing of consuming water, keeping up the provider regularly and safely.”
With those measures, the corporate guarantees the availability of consuming water within the Metropolitan area, because of its proactive center of attention on strategic investments, sustainability and operational potency. With this, Aguas Andinas promises a protected and dependable water provide, so as to face the demanding situations of local weather alternate and the calls for of a continuously rising inhabitants.
