Enka reports $406.475 million revenues in 2025 driven by exports

The Colombian company Enka recorded operational revenues of $406.475 million in 2025, with 58% from the local market and the rest from exports. Despite challenges such as low prices for Chinese raw materials and local inflationary pressures, it achieved an EBITDA of $28.705 million and a net profit of $3.102 million.

Enka, a Colombian textile company, released its 2025 financial results, showing total operational revenues of $406.475 million. Of this amount, $237.046 million came from the local market, while $169.429 million arose from exports, equivalent to US$42 million.

Adjusting for the closure of the Filaments line, revenues fell $16.769 million compared to 2024, mainly due to lower sales in Industrial Businesses. EBITDA reached $28.705 million, with a 7.1% margin, though it marked a $7.627 million decline from the previous year. Net profit was $3.102 million, down $7.079 million versus 2024, linked to reduced sales in a challenging environment.

Internationally, exports grew 3% in revenues and 24% in volume compared to 2024, excluding the Filaments closure effect. Notably, EKO PET exports rose 109%, primarily to the United States, helping offset weaker local demand.

By segments, Green Businesses generated $266.222 million, with a slight 1.7% drop from 2024, hit by lower EKO Fibras sales to Brazil amid geotextile market contraction. Conversely, EKO Polyolefins increased 4% in revenues. Industrial Businesses reported $133.316 million, a 13% adjusted decline due to the Filaments closure, affected by reduced demand for Tire Canvas.

The company redirected production toward items like Technical Yarn, Rope, and Nylon Granule, targeting European and American markets with high technical specifications. For 2026, Enka expects higher local sales driven by the Pusu Law, which will raise minimum recycled PET content to 55% for waters and 22% for other beverages.

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Illustration of Ecopetrol's Q1 2026 profits with oil facilities, charts, and Colombian elements for a news article.
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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

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