Gerdau S.A.: Consolidated information
November 09 2016 - 7:00AM
PR Newswire (US)
PORTO ALEGRE, Brazil,
Nov. 9, 2016 /PRNewswire/ -- 3Q16
Highlights
- Consolidated EBITDA of R$ 1.2
billion and EBITDA margin of 13.8% in 3Q16, reflecting the
Company's geographic diversification.
- Positive free cash flow of R$1.0
billion in 9M16.
- Selling, general and administrative expenses decreased 11.5% in
the 9M16 from the same period of 2015, reflecting the efforts made
by the Company's management.
- Stability in the Net Debt/EBITDA ratio at 3.6 times in
September compared with June
2016.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) informs that it is filling today its 3Q16 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 3Q16 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
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/gerdau-sa-consolidated-information-300359747.html
SOURCE Gerdau S.A.
Copyright 2016 PR Newswire
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