Gerdau S.A. - Consolidated Information
November 08 2017 - 6:09AM
PR Newswire (US)
PORTO ALEGRE, Brazil,
Nov. 8, 2017 /PRNewswire/ -- 3Q17
Highlights
- Free cash flow of R$ 500 million
in 3Q17, double the amount generated in 2Q17.
- EBITDA of R$ 1.2 billion and
EBITDA margin 12.3% in 3Q17.
- Selling, general and administrative expenses decrease 18% in
3Q17 compared to 3Q16, corresponding to 4.2% of net sales.
- Financial leverage measured by net debt / EBITDA ratio falls to
3.4x.
- Cash conversion cycle decreases to 74 days.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) informs that it is filling today its 3Q17 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 3Q17 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 51 3323 2703
View original
content:http://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-300551783.html
SOURCE Gerdau S.A.
Copyright 2017 PR Newswire
Gerdau (NYSE:GGB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Gerdau (NYSE:GGB)
Historical Stock Chart
From Sep 2023 to Sep 2024