What was Gerdau's adjusted net profit in the fourth quarter?

Gerdau's adjusted net profit in the fourth quarter was 670 billion reais.

How did Gerdau's EBITDA perform in the fourth quarter?

Gerdau's adjusted EBITDA decreased by 0.7% year-on-year, reaching 2.37 billion reais.

Did Gerdau's fourth-quarter profit meet analyst expectations?

Yes, Gerdau's adjusted EBITDA of 2.37 billion reais was mostly in line with the 2.41 billion reais expected by analysts.

Home / Business and Economy / Gerdau's Q4 Profit Inches Up Amidst Market Shifts

Gerdau's Q4 Profit Inches Up Amidst Market Shifts

24 Feb

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Summary

Gerdau reported a 0.5% net profit increase in Q4.
Adjusted net profit reached 670 billion reais.
EBITDA saw a slight year-on-year decrease of 0.7%.

Gerdau's Q4 Profit Inches Up Amidst Market Shifts

Brazilian steel manufacturer Gerdau experienced a marginal increase in its adjusted net profit during the fourth quarter. The company reported a 0.5% rise, bringing the total to 670 billion reais.

Despite the overall profit growth, Gerdau's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a slight decline. This figure decreased by 0.7% compared to the same period in the previous year, settling at 2.37 billion reais. This performance was largely in line with analyst expectations.

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