Gerdau S.A. - Consolidated Information
February 22 2017 - 07:56AM
PR Newswire (US)
PORTO ALEGRE, Brazil,
Feb. 22, 2017 /PRNewswire/ -- 4Q16
Highlights and 2016
- Free cash flow of R$1.2 billion
in 4Q16, marking the seventh straight quarter of positive
flow.
- Consolidated EBITDA of R$ 4.0
billion and EBITDA margin of 10.8% in 2016, despite the
challenging scenario.
- Financial leverage measured by the ratio of net debt to EBITDA
of 3.5 times, accompanied by deleveraging.
- Gerdau stocks GGBR4 and GGB gain 133% and 163%, respectively,
in 2016.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) informs that it is filling today its 4Q16 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 4Q16 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-300411563.html
SOURCE Gerdau S.A.
Copyright 2017 PR Newswire
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