GERDAU S.A. - CONSOLIDATED INFORMATION

Rhea-AI Summary

Gerdau S.A. (NYSE: GGB) reported strong financial results for Q4 2024, with adjusted EBITDA reaching R$ 2.4 billion, marking a 17.2% increase compared to Q4 2023. The company's CAPEX investments totaled R$ 2.4 billion in Q4 2024 and R$ 6.2 billion for the full year 2024, with plans to invest R$ 6 billion in maintenance and competitiveness projects in 2025.

The company announced a dividend distribution of R$ 0.10 per share, amounting to R$ 203.4 million for Q4 2024. Throughout 2024, Gerdau returned R$ 2.9 billion to shareholders through dividends and share buybacks, achieving a 65.9% return. Additionally, the company completed its 2024 share buyback program and approved a new 12-month program to repurchase up to 64.5 million shares.

Positive

• Adjusted EBITDA increased 17.2% year-over-year to R$ 2.4 billion in Q4 2024
• Significant shareholder returns of R$ 2.9 billion in 2024 (65.9% return)
• New share buyback program approved for up to 64.5 million shares
• Substantial CAPEX investment of R$ 6.2 billion in 2024

Negative

• None.

SÃO PAULO, Feb. 19, 2025 /PRNewswire/ -- 4Q24 Highlights

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.4 billion in the fourth quarter, up 17.2% from 4Q23.

Investments (CAPEX) amounted to R$2.4 billion in 4Q24, totaling R$6.2 billion for 2024. For 2025, we estimate an investment of R$6 billion in projects allocated to maintenance and competitiveness.

Dividend distribution in the amount of R$ 0.10 per share, equivalent to R$ 203.4 million, to be paid based on 4Q24 results. In 2024, Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) returned R$2.9 billion through dividends and the buyback program, achieving a return of 65.9% for shareholders.

The Company concluded the 2024 share buyback program and approved a new buyback program for up to 64.5 million shares of Gerdau S.A., with a 12-month term.

Additional Information

Gerdau S.A. informs that it is filling today its 4Q24 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 4Q24 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-302380830.html

SOURCE Gerdau S.A.

FAQ

What was Gerdau's (GGB) EBITDA growth in Q4 2024?

Gerdau's adjusted EBITDA grew by 17.2% year-over-year to R$ 2.4 billion in Q4 2024.

How much will GGB invest in 2025?

Gerdau plans to invest R$ 6 billion in maintenance and competitiveness projects in 2025.

What is the dividend amount per share for GGB in Q4 2024?

Gerdau announced a dividend of R$ 0.10 per share, totaling R$ 203.4 million, based on Q4 2024 results.

How many shares are included in GGB's new buyback program?

Gerdau's new share buyback program includes up to 64.5 million shares with a 12-month term.

What was the total shareholder return for GGB in 2024?

Gerdau returned R$ 2.9 billion to shareholders through dividends and buybacks in 2024, achieving a 65.9% return.