GERDAU S.A. - CONSOLIDATED INFORMATION
Gerdau S.A. reported strong financial results for 4Q22, with adjusted EBITDA reaching R$ 21.5 billion and a margin of 26.1% for the year. Notably, the North America Business Operation contributed R$ 10.6 billion to EBITDA, achieving a 32.0% margin, both historical highs. The company declared a record R$ 6.1 billion in dividends for 2022, equating to R$ 3.63 per share. Additionally, Gerdau's steel production operation in Peru received B Corporation certification, enhancing its sustainable business credentials. The earnings report is accessible via Gerdau's website.
- Record adjusted EBITDA of R$ 21.5 billion in 2022.
- North America Business Operation achieved R$ 10.6 billion EBITDA with a 32.0% margin.
- Historic dividend allocation of R$ 6.1 billion, R$ 3.63 per share.
- None.
SÃO PAULO, March 1, 2023 /PRNewswire/ --
4Q22 Highlights
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reaches R
Adjusted EBITDA from the North America Business Operation reaches R
Amount of dividends allocated in 2022 by Gerdau S.A. was R
The Company obtained the certification of its second operation as a B Company. Siderperu, the company's steel production operation in Peru, joins Gerdau Summit, which become the first two steel producers in the world to be B Company.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 4Q22 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 4Q22 Valuation Guide is also available at Gerdau's website.
https://ri.gerdau.com/en/financial-information/valuation-guide/
View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-301759547.html
SOURCE Gerdau S.A.
FAQ
What were Gerdau's financial highlights for 4Q22?
How much did Gerdau allocate in dividends for 2022?
What is the significance of Gerdau's B Corporation certification?
Where can I find Gerdau's detailed 4Q22 results?