GERDAU S.A. - CONSOLIDATED INFORMATION

Gerdau S.A. reported strong financial results for 4Q22, with adjusted EBITDA reaching R$ 21.5 billion and a margin of 26.1% for the year.

Rhea-AI Summary

Gerdau S.A. reported strong financial results for 4Q22, with adjusted EBITDA reaching R$ 21.5 billion and a margin of 26.1% for the year. Notably, the North America Business Operation contributed R$ 10.6 billion to EBITDA, achieving a 32.0% margin, both historical highs. The company declared a record R$ 6.1 billion in dividends for 2022, equating to R$ 3.63 per share. Additionally, Gerdau's steel production operation in Peru received B Corporation certification, enhancing its sustainable business credentials. The earnings report is accessible via Gerdau's website.

Positive

• Record adjusted EBITDA of R$ 21.5 billion in 2022.
• North America Business Operation achieved R$ 10.6 billion EBITDA with a 32.0% margin.
• Historic dividend allocation of R$ 6.1 billion, R$ 3.63 per share.

Negative

• None.

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SÃO PAULO, March 1, 2023 /PRNewswire/ --

4Q22 Highlights

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reaches R$ 21.5 billion throughout 2022, with an adjusted EBITDA margin of 26.1%.

Adjusted EBITDA from the North America Business Operation reaches R$10.6 billion in 2022, with an adjusted EBITDA margin of 32.0%, both historical annual records.

Amount of dividends allocated in 2022 by Gerdau S.A. was R$ 6.1 billion (R$ 3.63 per share), a historic record for a year.

The Company obtained the certification of its second operation as a B Company. Siderperu, the company's steel production operation in Peru, joins Gerdau Summit, which become the first two steel producers in the world to be B Company.

Additional Information

Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 4Q22 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 4Q22 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-301759547.html

SOURCE Gerdau S.A.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Gerdau's financial highlights for 4Q22?

Gerdau reported adjusted EBITDA of R$ 21.5 billion with a 26.1% margin, and North America's operation contributed R$ 10.6 billion with a 32.0% margin.

How much did Gerdau allocate in dividends for 2022?

Gerdau allocated a record R$ 6.1 billion in dividends, translating to R$ 3.63 per share.

What is the significance of Gerdau's B Corporation certification?

Gerdau's operation in Peru became a B Corporation, positioning it as one of the first steel producers globally certified for its social and environmental performance.

Where can I find Gerdau's detailed 4Q22 results?

Gerdau's 4Q22 results and valuation guide are available on their official investor relations website.

What stock symbols represent Gerdau?

Gerdau is listed under the stock symbols GGB on NYSE and GGBR3, GGBR4 on BM&Fbovespa.