SÃO PAULO, Aug. 5, 2020
/PRNewswire/ --
2Q20 Highlights
Adjusted EBITDA totaled R$ 1.3
billion, an increase of 12% in the 2Q20 compared to the
1Q20.
Free cash flow reached R$ 205
million in the 2Q20.
Gerdau long steel shipments grew 10% in the 2Q20 compared to the
1Q20.
Gerdau launched the Integrated Report 2019 presenting the
Company's Materiality Matrix and using the GRI standard.
The creation of Gerdau Next, focused on new business,
complementing the steel chain.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs
that it is filling today its 2Q20 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 2Q20 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.