GERDAU S.A. - Consolidated Information
February 28 2018 - 7:08AM
PR Newswire (US)
PORTO ALEGRE, Brazil,
Feb. 28, 2018 /PRNewswire/ -- 4Q17
Highlights
- Free cash flow of R$ 1.5 billion
in 2017.
- Selling, general and administrative expenses decrease 26% in
4Q17 compared to 4Q16, corresponding to 4.1% of net sales.
- Cash conversion cycle decreases to 70 days.
- Financial leverage measured by net debt / adjusted EBITDA ratio
falls to 2.98x.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa:
GGBR3, GGBR4) informs that it is filling today its
4Q17 results at the Securities and Exchange Commission (SEC) and at
the Comissao de Valores Mobiliarios (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 4Q17 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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