Gerdau S.A. - Consolidated Information
2014 Highlights
PORTO ALEGRE, Brazil, March 4, 2015 /PRNewswire/ -- In 2014, shipments of steel products totaled 17.9 million tonnes, resulting in consolidated net sales of R$ 42.5 billion, 6.7% higher than in 2013.
Consolidated adjusted EBITDA and adjusted EBITDA margin in 2014 were, respectively, R$ 4.8 billion and 11.3%, almost flat when compared to 2013, supported by the Company's geographic diversification.
Consolidated net income in the fiscal year reached R$ 1.5 billion.
Based on this result, dividends and interest on capital stock were declared in the amounts of R$ 426.1 million to the shareholders of Gerdau S.A. and of R$ 117.9 million to the shareholders of Metalurgica Gerdau S.A.
Investments in maintenance, technological updating and capacity expansion amounted to R$ 2.3 billion in 2014.
Additional Information
Gerdau S.A. informs that it is filling today its 4Q14 results at the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM), which are available at Gerdau's website. To access this document, please click on http://ri.gerdau.com/enu/s-6-enu.html?idioma=enu
The 4Q14 Valuation Guide is also available at Gerdau's website:
http://ri.gerdau.com/static/enu/guia-modelagem.asp?idioma=enu
Investor Relations
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+55 51 3323 2703
SOURCE Gerdau S.A.
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