Orbia Advance Corporation reported a solid start to 2026, posting unaudited first-quarter results marked by higher revenues and a sharp rise in profitability, even as global economic and geopolitical pressures continue to weigh on parts of its business.
The company delivered revenues of $1.96 billion and EBITDA of $259 million for the quarter.
Net revenues for Q1 rose 8% to $1,963 million, driven by higher sales across all business groups.
EBITDA climbed 31% to $259 million, largely reflecting the absence of one-time items recorded a year earlier. On a comparable basis, EBITDA was flat versus last year’s adjusted figure.
Operating cash flow improved by $23 million to $1 million, supported by stronger EBITDA and lower taxes. Working capital improved by 9 days, underscoring continued disciplined management.
“Our first quarter results reflect the sustained resilience of our businesses across market cycles amidst an evolving global economic and geopolitical landscape.
"The favorable trends that emerged across 2025 in our Fluor & Energy Materials, Connectivity Solutions and Precision Agriculture segments have carried over into 2026, while our Polymer Solutions and Building & Infrastructure segments continued to experience challenging end market conditions,” said Sameer Bharadwaj, CEO of Orbia.
He added a cautionary note on rising costs and geopolitical disruption: “We began to incur higher input and logistics costs late in the quarter driven by current global geopolitical events, and we are responding quickly and proactively to this dynamic.
"Our teams are taking disciplined commercial actions to offset increases in costs and leverage our operational strengths. Despite generally soft building and infrastructure investment, disruptions caused by the war have resulted in higher PVC prices driven by an upward shift in the supply cost curve.
"This combined with our stable U.S. Gulf Coast feedstock and cost position creates advantageous conditions in the coming quarters, while the disruptions last. Having said that, an extended conflict could have an impact on inflation and demand. In this environment, we remain focused on optimizing costs, strengthening the balance sheet, generating cash, and simplifying the portfolio, in line with our long-term strategic objectives.”
