Nemak announced today targets to achieve a 28% reduction of its greenhouse gas emissions (GHG) by 2030.
As of 2020, the company employed more than 22,000 people at 38 facilities worldwide and generated revenues of US$3.1 billion.
During 4Q20, EBITDA increased 12.8% y-o-y, driven by cost and expense savings, primarily derived from restructuring initiatives implemented in the first half of the year. 4Q20 EBITDA per equivalent unit was US$14.9, 13.7% higher than in 4Q19.