Methanex Reports Higher Production and Adjusted EBITDA in Fourth Quarter 2024

Except where otherwise noted, all currency amounts are stated in United States dollars.

Financial and Production Highlights

VANCOUVER, British Columbia, Jan. 29, 2025 (GLOBE NEWSWIRE) -- For the fourth quarter of 2024, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $45 million ($0.67 net income per common share on a diluted basis) compared to net income of $31 million ($0.35 net income per common share on a diluted basis) in the third quarter of 2024. Adjusted EBITDA for the fourth quarter of 2024 was $224 million and Adjusted net income was $84 million ($1.24 Adjusted net income per common share). This compares with Adjusted EBITDA of $216 million and Adjusted net income of $82 million ($1.21 Adjusted net income per common share) for the third quarter of 2024.

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