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Gerdau S.A. - Consolidated Information

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Gerdau S.A. - Consolidated Information

PR Newswire

SAO PAULO, 8 de agosto de 2018 /PRNewswire/ -- 2Q18 Highlights

  • EBITDA of R$ 1.8 billion in 2Q18, the best quarterly result since 2008, with EBITDA margin of 14.6%.

  • Disciplined on selling, general and administrative expenses in 2Q18, to 3.6% of net sales, the lowest level ever.

  •  Financial leverage measured by net debt/adjusted EBITDA ratio stable at 2.7x as of June 30, 2018.

  • Adjusted net income of R$ 746 million in 2Q18, with the distribution of R$ 238 million in dividends.

Additional Information

Gerdau S.A. (NYSE:GGB, BM&amp, Fbovespa: GGBR3, GGBR4)) informs that it is filling today its 2Q18 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 http://ri.gerdau.com/enu/s-6-enu.html?idioma=enu

The 2Q18 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 11 3094 6300

Cision View original content:http://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-300693954.html

SOURCE Gerdau S.A.

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