Usiminas

Arquivos da tag: Divulgação de resultado

19/02/2014

Usiminas closes 2013 with net profit of R$ 17 million and reverses negative result from 2012

 Volume of sales in the domestic market grew by 7% and was the highest since 2008, EBITDA increased 159% Usiminas – leader in the domestic flat steel market – recorded a net income of R$ 17 million in 2013, reversing a loss of R$ 598 million in 2012. The result was due to the growth […]

30/10/2013

Usiminas records net profit of R$ 115 million in 3Q13

Company moves forward in the process of continuous improvement; EBITDA and sales to the domestic market are the largest of the last three and five years, respectively  Usiminas – leader in the domestic market of flat steel – registered a net profit of R$115 million in 3Q13. EBITDA (earnings before interest, taxes, depreciation and amortization) […]

26/07/2013

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 […]

26/04/2013

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 […]

18/02/2013

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, […]

11/11/2012

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 […]

30/07/2012

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 […]

23/04/2012

Usiminas begins to recover net revenue and sales volumes in 1Q12

The Company posts R$ 37 million loss in first quarter, but sees positive performance outlook Usiminas’ steel shipments grew 13% in 1Q12 compared to 4Q11. As a result, the overall net revenue from sales amounted to R$ 2.9 billion, up 2.5% from 4Q11. Out of the total 1.5 million tonnes sold in the period, 1.2 […]

7/03/2012

Usiminas ends 2011 with R$ 404 million net income and focuses on competitiveness improvement in 2012

Steelmaker expects the steel industry to recover this year 2011 was a challenging year for the Brazilian steel industry. Raw material cost pressures along with the persistently high level of direct and indirect (steel contained in imported products) imports have led steelmakers to lower their margins. The Brazilian flat steel consumption dropped 8% from 2010 […]