Arquivos da tag: Ronald Seckelmann


Usiminas EBITDA rises 41% in 2Q13 to the highest level since 2010

Currency devaluation resulted in net loss, which however is 82% lower than that of 1Q13; domestic sales grew 16.5%, the highest level in the past three years With a 41% rise in relation to the previous quarter, Usiminas’ adjusted EBITDA (earnings before interest, tax, depreciation and amortization) amounted to R$ 441 million in 2Q13, the […]


Usiminas’ EBITDA grows 38.5% in 1Q13 in the wake of competitiveness enhancement measures

Net loss falls 56% from 4Q12, domestic sales rise 1.5%; Mineração Usiminas has already completed 88.5% of its project to expand production capacity from 8 mtpy to 12 mtpy Usiminas’ adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) amounted to R$ 313 million in 1Q13, up 38.5% from the previous quarter. The rise results from […]


Usiminas sales and output grew respectively 16% and 7% in 2012

Net loss was due to poorer operating performance, along with higher financial expenses arising out of the Brazilian currency devaluation against the U.S. dollar; the Company carries on with its cash control and industrial efficiency improvement strategy Holding a leading position in the Brazilian flat steel business, Usiminas achieved in 2012 its highest total sales, […]


Usiminas’ net revenue grew 5.1% during 3rd quarter 2012 amid a challenging steel industry scenario

Companhia reduz capital de giro em R$ 1,5 bilhão no acumulado do ano e dá sequência a ações de melhoria da competitividade industrial Usiminas’ net sales revenues in 3rd quarter 2012 grew 5.1% from the previous quarter to R$ 3.4 billion. The figure stemmed basically from the sales of higher value-added products, improved sales prices […]


Usiminas improves 2Q2012 performance and remarkably reduces its working capital

The company increased its domestic sales, but Brazilian currency devaluation led to net loss Usiminas gradually increased its sales, production and operating performance (Ebitda) during second quarter 2012 when compared to the previous quarter. At the same time as such indicators improved, the company adopted a consistent cost reduction strategy, following a trend that started […]