GERDAU S.A. - CONSOLIDATED INFORMATION
Gerdau S.A. (BM: GGBR3/GGBR4) reported 3Q25 adjusted EBITDA of R$2.7 billion, up 7% versus 2Q25, with North America contributing 65% of consolidated EBITDA. CAPEX in 3Q25 was R$1.7 billion, 60% aimed at asset competitiveness. The company set 2026 CAPEX guidance at R$4.7 billion, 22% below 2025 forecast. A dividend of R$0.28 per share (R$555.2 million) was declared based on 3Q25 results. The share buyback program is ~88% complete, with ~56.8 million shares repurchased for R$902 million to date and management confirming the plan remains in effect. Gerdau executed a make-whole call on a US$500 million 2030 bond, settlement scheduled for Dec 2, 2025. 3Q25 filings and a valuation guide are available on the company website.
Gerdau S.A. (BM: GGBR3/GGBR4) ha riportato EBITDA rettificato 3Q25 di R$2,7 miliardi, in aumento del 7% rispetto al 2Q25, con il Nord America che contribuisce al 65% dell'EBITDA consolidato. CAPEX nel 3Q25 stato di R$1,7 miliardi, il 60% finalizzato al mantenimento della competitività degli asset. L'azienda ha fissato una guidance CAPEX 2026 a R$4,7 miliardi, inferiore del 22% rispetto alle previsioni per il 2025. È stato dichiarato un dividendo di R$0,28 per azione (R$555,2 milioni) basato sui risultati del 3Q25. Il programma di buyback ha raggiunto circa l'88% del completamento, con circa 56,8 milioni di azioni riacquistate per R$902 milioni ad oggi e la direzione conferma che il piano resta in vigore. Gerdau ha eseguito una call make-whole su una obbligazione US$500 milioni 2030, regolamento previsto per 2 dicembre 2025. I filing del 3Q25 e una guida di valutazione sono disponibili sul sito dell'azienda.
Gerdau S.A. (BM: GGBR3/GGBR4) reportó EBITDA ajustado 3T25 de R$2,7 mil millones, un aumento del 7% frente al 2T25, con Norteamérica aportando el 65% del EBITDA consolidado. El CAPEX en 3T25 fue de R$1,7 mil millones, con un 60% destinado a la competitividad de los activos. La empresa estableció una guía de CAPEX para 2026 a R$4,7 mil millones, un 22% por debajo del pronóstico de 2025. Se declaró un dividendo de R$0,28 por acción (R$555,2 millones) basado en los resultados de 3T25. El programa de recompra está ~al 88% completo, con ~56,8 millones de acciones recompradas por R$902 millones hasta la fecha y la dirección confirma que el plan sigue vigente. Gerdau ejecutó una llamada de make-whole sobre un bono de US$500 millones 2030, liquidación programada para el 2 de diciembre de 2025. Los filing de 3T25 y una guía de valoración están disponibles en el sitio web de la empresa.
Gerdau S.A. (BM: GGBR3/GGBR4)가 3Q25 조정 EBITDA 27억 리라를 보고했으며, 2Q25 대비 7% 증가했고 북미가 연결 EBITDA의 65%를 기여했습니다. 3Q25의 CAPEX는 17억 리라였고, 그 중 60%는 자산 경쟁력 강화에 투입되었습니다. 회사는 2026년 CAPEX 가이던스를 47억 리라로 설정, 2025 전망 대비 22% 낮은 수치입니다. 주당 0.28리라 배당이 3Q25 실적을 기반으로 선언되었으며(5억 5520만 리라), 현재까지 약 5,680만 주를 9억 2천만 리라에 자사주 매입했습니다. 경영진은 계획이 여전히 실행 중임을 확인했습니다. Gerdau는 미국 달러 5억 달러 2030년 채권에 대한 make-whole 콜을 실행했고 settlement은 2025년 12월 2일로 예정되어 있습니다. 3Q25의 제출 자료와 평가 가이던스는 회사 웹사이트에서 이용 가능합니다.
Gerdau S.A. (BM: GGBR3/GGBR4) a publié un EBITDA ajusté T3/25 de 2,7 milliards de R$, en hausse de 7% par rapport à T2/25, avec l’Amérique du Nord contribuant à 65% de l’EBITDA consolidé. Le CAPEX au T3/25 était de 1,7 milliard de R$, dont 60% destinés à la compétitivité des actifs. L’entreprise a fixé une prévision CAPEX 2026 à 4,7 milliards de R$, soit 22% en dessous des prévisions pour 2025. Un dividende de 0,28 R$ par action (R$555,2 millions) a été déclaré sur la base des résultats du T3/25. Le programme de rachat d’actions est ~à 88% d’achèvement, avec environ 56,8 millions d’actions rachetées pour 902 millions de R$ à ce jour et la direction confirme que le plan reste en vigueur. Gerdau a effectué une appel de remboursement intégral sur une obligation US$500 millions 2030, règlement prévu pour le 2 décembre 2025. Les dépôts du T3/25 et un guide d’évaluation sont disponibles sur le site de l’entreprise.
Gerdau S.A. (BM: GGBR3/GGBR4) meldete 3Q25 bereinigtes EBITDA von 2,7 Mrd. R$, ein Anstieg um 7% gegenüber 2Q25, wobei Nordamerika 65% des konsolidierten EBITDA beisteuert. CAPEX im 3Q25 betrug 1,7 Mrd. R$, davon 60% für die Wettbewerbsfähigkeit der Vermögenswerte vorgesehen. Das Unternehmen setzte eine CAPEX-Leitlinie für 2026 von 4,7 Mrd. R$, 22% unter der Prognose für 2025. Eine Dividende von 0,28 R$ pro Aktie (R$555,2 Mio.) wurde basierend auf den Ergebnissen von 3Q25 angekündigt. Das Aktienrückkauf-Programm ist zu ca. 88% abgeschlossen, mit ca. 56,8 Mio. Aktien im Wert von 902 Mio. R$ bis heute zurückgekauft, und das Management bestätigt, dass der Plan weiterhin in Kraft ist. Gerdau hat einen Make-Whole-Call auf eine US$-500 Mio. 2030-Anleihe umgesetzt; Abwicklung geplant für den 2. Dezember 2025. Die 3Q25-Unterlagen und ein Bewertungsleitfaden sind auf der Website des Unternehmens verfügbar.
غرداو ش.م.ع (BM: GGBR3/GGBR4) أَبلغت عن EBITDA المعدلة للربع الثالث 2025 بقيمة 2.7 مليار ريال برازيلي, بارتفاع قدره 7% مقارنة بالربع الثاني 2025, مع المشاركة الأمريكية الشمالية 65% من EBITDA المجمّع. كان CAPEX في الربع الثالث 2025 بمقدار 1.7 مليار ريال برازيلي, موجّهة 60% منها لتعزيز القدرة التنافسية للأصول. حددت الشركة توجيه CAPEX لسنة 2026 عند 4.7 مليار ريال, أي أقل بنسبة 22% من توقعات 2025. تم إعلان توزيع أرباح قدره 0.28 ريال للسهم (555.2 مليون ريال) بناءً على نتائج الربع الثالث 2025. برنامج إعادة شراء الأسهم مكتمل بنسبة ~88%، مع إعادة شراء حوالي 56.8 مليون سهم بقيمة 902 مليون ريال حتى الآن وتأكيد الإدارة أن الخطة ما زالت سارية. نفذت غرداو اتصال تعويض كامل على سندات US$500 مليون لعام 2030، من المتوقع التسوية في 2 ديسمبر 2025. التقديمات الخاصة بالربع الثالث 2025 ودليل التقييم متاحان على موقع الشركة.
- Adjusted EBITDA of R$2.7 billion in 3Q25 (+7% QoQ)
- North America reached 65% share of consolidated EBITDA
- 2026 CAPEX guidance of R$4.7 billion (22% below 2025 forecast)
- Declared dividend of R$0.28 per share totaling R$555.2 million
- Share buyback progress: ~56.8 million shares repurchased (~88% of program)
- 3Q25 CAPEX cash out of R$1.7 billion
- Make-whole call on US$500 million 2030 bond with settlement on Dec 2, 2025
- Total spent on buybacks to date R$902 million, reducing available cash
Insights
Gerdau shows quarter-on-quarter EBITDA growth, strong North America contribution, continued buybacks and shareholder returns.
Adjusted EBITDA reached
The company reported
The business case rests on operational earnings growth and shareholder returns. Watch liquidity and timing around the
SÃO PAULO, Oct. 30, 2025 /PRNewswire/ -- 3Q25 Highlights
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Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of
R in 3Q25, up$2.7 billion 7% compared to 2Q25, withNorth America standing out by reaching a new record share of consolidated EBITDA, accounting for65% .
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Investments (CAPEX) of
R in 3Q25, with$1.7 billion 60% of that amount allocated to enhancing the competitiveness of our assets. On October 1st, the Company announced CAPEX guidance for 2026, totalingR –$ 4.7 billion 22% lower than the forecast for 2025.
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Dividend distribution of
R per share, equivalent to$0.28 R , based on 3Q25 results.$555.2 million
- The Company has reached approximately
88% of the 2025 Share Buyback Program, having repurchased around 56.8 million shares of Gerdau S.A., totaling an investment ofR in the program so far. Management emphasizes that the current share repurchase plan remains in effect.$902 million
- Company announced the execution of a Make-Whole call for its 2030 Bond, in the amount of
US , with a coupon rate of$500 million 4.25% and maturity in 2030. The settlement of the transaction is scheduled for December 2, 2025.
Additional information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 3Q25 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/en/notices-and-results/results-center/.
The 3Q25 Valuation Guide is also available at Gerdau's website.
https://ri.gerdau.com/en/financial-information/valuation-guide/
View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-302600422.html
SOURCE Gerdau S.A.
FAQ
What was Gerdau's adjusted EBITDA in 3Q25 and how did it change versus 2Q25 (BM:GGBR3)?
How much CAPEX did Gerdau spend in 3Q25 and what is the 2026 CAPEX guidance (BM:GGBR3)?
What dividend did Gerdau declare based on 3Q25 results and what is the total payout (BM:GGBR3)?
How complete is Gerdau's 2025 share buyback program and how many shares were repurchased (BM:GGBR3)?
What bond action did Gerdau announce for its 2030 bond and when will it settle (BM:GGBR3)?
