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2 clusters · 7 sources · 4 days · First seen 4 days ago · Last updated about 14 hours ago

Gerdau financial performance and credit outlook

Overview

S&P Global Ratings upgraded the credit rating outlook for steelmaker Gerdau from stable to positive, maintaining its ‘BBB’ rating. Analysts attributed this to expected improvements in operational and financial performance, driven by high profitability in North American operations and efficiency gains from Brazilian investments.

Following this outlook, Gerdau reported a 44% increase in third-quarter net profit compared to the previous year, reaching R$ 1.55 billion. While total revenue rose 3.9% to R$ 18.7 billion, the company noted that rising prices in North America helped offset lower sales volumes in Brazil. In North America, adjusted EBITDA grew by 60%, whereas adjusted EBITDA in Brazil decreased by 2.8%. In response to these results, the company’s Board of Directors approved dividend payments totaling approximately R$ 667 million.

Entities

Gerdau · Brazil · S&P Global Ratings · ABGF · Azul

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Adjusted net profit rose 39.7% year-over-year to R$ 1.52 billion. valor.globo.com · www.infomoney.com.br · www.moneytimes.com.br
[● 2 SOURCES] Total revenue reached R$ 18.7 billion, a 3.9% increase. valor.globo.com · www.infomoney.com.br
[● 2 SOURCES] Adjusted EBITDA grew 37.8% to R$ 3.77 billion. valor.globo.com · www.infomoney.com.br
[○ 1 SOURCE] Gerdau's net profit attributed to controlling shareholders was R$ 1.55 billion in the third quarter. valor.globo.com
[○ 1 SOURCE] North American adjusted EBITDA grew 60% to R$ 2.9 billion. www.infomoney.com.br
[○ 1 SOURCE] Steel sales volume was 2.91 million tons, a 5.6% annual decrease. www.infomoney.com.br
[○ 1 SOURCE] The company approved dividend payments of R$ 0.34 per share. www.moneytimes.com.br
[○ 1 SOURCE] Dividend payments are scheduled to begin on December 15, 2026. www.moneytimes.com.br

Timeline

about 14 hours ago

[BUSINESS] 7 sources
Gerdau reports 44% profit growth in third quarter
Gerdau reported a 44% increase in third-quarter net profit to R$ 1.55 billion, driven by North American price expansions, and approved R$ 667 million in dividend payments.
4 days ago

[BUSINESS] 2 sources
Financial updates for Gerdau and Azul in Brazil
S&P Global upgraded Gerdau's credit outlook to positive, citing North American profitability and Brazilian investments. Meanwhile, Azul secured up to R$2 billion in government-backed financing for aviation fuel

Sources

dgabc.com.br · forbes.com.br · hora1rondonia.com.br · infomoney.com.br · mobile.valor.com.br · moneytimes.com.br · tribunadepetropolis.com.br