Gerdau S.A. - Consolidated Information
August 08 2018 - 8:23AM
PR Newswire (US)
SAO PAULO, 8 de agosto de 2018
/PRNewswire/ -- 2Q18 Highlights
- EBITDA of R$ 1.8 billion in 2Q18,
the best quarterly result since 2008, with EBITDA margin of
14.6%.
- Disciplined on selling, general and administrative expenses in
2Q18, to 3.6% of net sales, the lowest level ever.
- Financial leverage measured by net debt/adjusted EBITDA
ratio stable at 2.7x as of June 30,
2018.
- Adjusted net income of R$ 746
million in 2Q18, with the distribution of R$ 238 million in dividends.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs
that it is filling today its 2Q18 results at the Securities and
Exchange Commission (SEC) and at the Comissão de Valores
Mobiliários (CVM), which are available at Gerdau's website. To
access this document, please click on
http://ri.gerdau.com/enu/s-6-enu.html?idioma=enu
The 2Q18 Valuation Guide is also available at Gerdau's
website
http://ri.gerdau.com/static/enu/guia-modelagem.asp?idioma=enu
Investor Relations
inform@gerdau.com.br
55 11 3094 6300
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SOURCE Gerdau S.A.
Copyright 2018 PR Newswire
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