SAO PAULO, May 8, 2019 /PRNewswire/ -- Highest first-quarter
EBITDA of last 11 years in 1Q19 (R$ 1.6
billion), with EBITDA margin of 15.5%.
Dividend distribution in 1Q19 of R$
0.07 per share for Gerdau S.A.
Financial leverage (net debt/adjusted EBITDA) of 1.8x on
March 31, 2019, down sharply from
2.7x on March 31, 2018.
Substantial improvement in EBITDA and EBITDA margin at North
America BD, to R$ 506 million and
13.2%.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) informs that it is filling today its 1Q19 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/notices-and-results/results-center#2019
The 1Q19 Valuation Guide is also available at Gerdau's
website:
https://ri.gerdau.com/financial-information/valuation-guide
Investor Relations
inform@gerdau.com.br
55 11 3094 6300
View original
content:http://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-300846218.html
SOURCE Gerdau S.A.