Gerdau Pref. ADR

Gerdau reported Q1 2026 revenue of 3.36 billion USD (expectation 3.31 billion USD) and earnings per share of 0.1026 USD (expectation 0.1225 USD). Net profit rose to 1.0 billion BRL, EBITDA reached 3.0 billion BRL with North America accounting for 75% of consolidated EBITDA, and free cash flow was 1.6 billion BRL. The stock climbed sharply premarket, supported by strong sales, the launch of the sustainable product line "NewEco" and guidance of 0.15 USD EPS for the coming quarters. Remaining risks include increased steel imports into Brazil, delays at the Miguel Burnier project and volatile energy and raw material costs. » Plus sur de.investing.com

Gerdau reported adjusted EBITDA of R$2.7bn for Q3 2025 (margin 15.2%) and high utilizations in North America, which contributed a record-like 65% to consolidated EBITDA. Total steel shipments were 3.0m tonnes; North America posted a 10% volume increase year-on-year, while Brazil suffered from strong import pressure and an EBITDA margin of 9.9%. Net income rose to R$1.1bn, free cash flow was R$1.0bn, net debt stood at 8.7 M$, and leverage was 0.81x; a US$500m bond will be repaid at the end of 2025. Gerdau announced dividends, a largely completed share buyback and a reduced CAPEX forecast for 2026 (R$4.7bn), and expects stable margins in North America but margin pressure in Brazil in Q4. » Plus sur de.investing.com

Gerdau S.A. reported adjusted EBITDA of BRL 2.6 billion in Q2 2025 and a 14% rise in net income to BRL 864 million, driven by strong results in North America, which supplied 61% of consolidated EBITDA. The company is reducing investment in Brazil due to high import penetration and is focusing on cost cuts, operational efficiency and generating positive cash flow for H2 2025. Management cited Midlothian project delays and supply‑chain risks as potential challenges, but expects mid‑term EBITDA growth from mining and hot-rolled coil projects. » Plus sur de.investing.com