STOCK TITAN

GERDAU S.A. - CONSOLIDATED INFORMATION

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Gerdau S.A. reported strong financial results for Q3 2024, with adjusted EBITDA reaching R$ 3.0 billion, marking a 14.9% increase from Q2 2024. The company invested R$ 1.5 billion in CAPEX, allocating R$ 589 million to maintenance and R$ 920 million to business competitiveness initiatives. Shareholders will receive a dividend of R$ 0.30 per share, totaling R$ 619.4 million. The company's share buyback program has repurchased 39.6 million shares worth R$ 729.4 million by October 2024.

Gerdau S.A. ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con EBITDA rettificato che ha raggiunto 3,0 miliardi di R$, segnando un incremento del 14,9% rispetto al secondo trimestre del 2024. L'azienda ha investito 1,5 miliardi di R$ in CAPEX, dedicando 589 milioni di R$ alla manutenzione e 920 milioni di R$ alle iniziative di competitività aziendale. Gli azionisti riceveranno un dividendo di 0,30 R$ per azione, per un totale di 619,4 milioni di R$. Il programma di riacquisto delle azioni della società ha riacquistato 39,6 milioni di azioni per un valore di 729,4 milioni di R$ entro ottobre 2024.

Gerdau S.A. reportó sólidos resultados financieros para el tercer trimestre de 2024, con EBITDA ajustado alcanzando 3,0 mil millones de R$, marcando un aumento del 14,9% en comparación con el segundo trimestre de 2024. La empresa invirtió 1,5 mil millones de R$ en CAPEX, asignando 589 millones de R$ al mantenimiento y 920 millones de R$ a iniciativas de competitividad empresarial. Los accionistas recibirán un dividendo de 0,30 R$ por acción, totalizando 619,4 millones de R$. El programa de recompra de acciones de la compañía ha recomprado 39,6 millones de acciones por un valor de 729,4 millones de R$ hasta octubre de 2024.

Gerdau S.A.는 2024년 3분기 강력한 재무 실적을 보고했으며, 조정된 EBITDA가 30억 레알에 도달했습니다, 이는 2024년 2분기 대비 14.9% 증가한 수치입니다. 회사는 CAPEX에 15억 레알을 투자했으며, 그중 5억 8,900만 레알은 유지관리, 9억 2,000만 레알은 비즈니스 경쟁력 향상 전략에 할당되었습니다. 주주들은 주당 0.30 레알의 배당금을 받을 것입니다, 총액은 6억 1,940만 레알입니다. 회사의 자사주 매입 프로그램은 2024년 10월까지 3,960만 주를 매입하여 7억 2,940만 레알을 지출했습니다.

Gerdau S.A. a annoncé de solides résultats financiers pour le troisième trimestre 2024, avec un EBITDA ajusté atteignant 3,0 milliards de R$, soit une augmentation de 14,9 % par rapport au deuxième trimestre 2024. L'entreprise a investi 1,5 milliard de R$ en CAPEX, dont 589 millions de R$ ont été alloués à la maintenance et 920 millions de R$ aux initiatives de compétitivité commerciale. Les actionnaires recevront un dividende de 0,30 R$ par action, totalisant 619,4 millions de R$. Le programme de rachat d'actions de la société a racheté 39,6 millions d'actions pour une valeur de 729,4 millions de R$ d'ici octobre 2024.

Gerdau S.A. hat für das dritte Quartal 2024 starke finanzielle Ergebnisse gemeldet, wobei das bereinigte EBITDA 3,0 Milliarden R$ erreichte, was einem Anstieg von 14,9% im Vergleich zum zweiten Quartal 2024 entspricht. Das Unternehmen investierte 1,5 Milliarden R$ in CAPEX und wandte 589 Millionen R$ für Wartung und 920 Millionen R$ für Maßnahmen zur Wettbewerbsfähigkeit auf. Die Aktionäre erhalten eine Dividende von 0,30 R$ pro Aktie, was insgesamt 619,4 Millionen R$ ausmacht. Das Aktienrückkaufprogramm des Unternehmens hat bis Oktober 2024 insgesamt 39,6 Millionen Aktien im Wert von 729,4 Millionen R$ zurückgekauft.

Positive
  • Adjusted EBITDA increased 14.9% quarter-over-quarter to R$ 3.0 billion
  • Significant CAPEX investment of R$ 1.5 billion showing commitment to growth
  • Dividend distribution of R$ 0.30 per share (R$ 619.4 million total)
  • Active share buyback program with R$ 729.4 million in repurchases
Negative
  • None.

Insights

The quarterly results show solid performance with EBITDA reaching R$ 3.0 billion, marking a significant 14.9% increase from the previous quarter. The company's substantial capital expenditure of R$ 1.5 billion demonstrates strong commitment to growth, with R$ 920 million specifically targeting business competitiveness.

The shareholder-friendly moves are particularly noteworthy, including a dividend of R$ 0.30 per share totaling R$ 619.4 million and an active share buyback program that has already repurchased R$ 729.4 million worth of shares. These capital return initiatives signal management's confidence in the company's financial health and future prospects.

SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared to 2Q24.

Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$ 589 million was allocated to Maintenance and R$ 920 million was directed to the Competitiveness of the Business Divisions.

Dividend distribution in the amount of R$ 0.30 per share, equivalent to R$ 619,4 million, to be paid based on 3Q24 results.

Share buyback program of Gerdau S.A., by the end of October 2024, 39.6 million shares were repurchased, equivalent to R$ 729.4 million.

Additional Information

Gerdau S.A. informs that it is filling today its 3Q24 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 https://ri.gerdau.com/en/notices-and-results/results-center/.

The 3Q24 Valuation Guide is also available at Gerdau's website.
https://ri.gerdau.com/en/financial-information/valuation-guide/ 

Cision View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-302296997.html

SOURCE Gerdau S.A.

FAQ

What was Gerdau's (GGB) EBITDA in Q3 2024?

Gerdau's adjusted EBITDA in Q3 2024 was R$ 3.0 billion, representing a 14.9% increase compared to Q2 2024.

How much is Gerdau's (GGB) dividend payment for Q3 2024?

Gerdau announced a dividend payment of R$ 0.30 per share, totaling R$ 619.4 million, based on Q3 2024 results.

How much did Gerdau (GGB) spend on share buybacks in 2024?

By the end of October 2024, Gerdau had repurchased 39.6 million shares worth R$ 729.4 million through its share buyback program.

What was Gerdau's (GGB) CAPEX investment in Q3 2024?

Gerdau's total CAPEX in Q3 2024 was R$ 1.5 billion, with R$ 589 million for maintenance and R$ 920 million for business competitiveness.

Gerdau S.A.

NYSE:GGB

GGB Rankings

GGB Latest News

GGB Stock Data

6.38B
2.10B
0%
24.82%
0.24%
Steel
Basic Materials
Link
United States of America
São Paulo