SÃO PAULO, Feb. 24, 2021
/PRNewswire/ -- Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) -- The consolidated EBITDA amounted R$ 3.1 billion in 4Q20, almost 3 times higher
than 4Q19.
The net debt LTM EBITDA ratio decreased to 1.25x in the end of
December 2020, from 1.67x in the end
of 2019.
Free Cash Flow amounted R$ 2.4
billion in the 4Q20.
The only steel producer as a component of the Carbon Efficient
Index (ICO2) at B3. The Company also reached B- rating at CDP
(Carbon Disclosure Project) Climate Change module.
Additional Information
Gerdau S.A. informs that it is filling today its 4Q20 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
https://ri.gerdau.com/en/notices-and-results/results-center/
The 4Q20 Valuation Guide is also available at Gerdau's
website
https://ri.gerdau.com/en/financial-information/valuation-guide/
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SOURCE Gerdau S.A.