Ternium Announces Second Quarter and First Half of 2025 Results

Rhea-AI Summary

Ternium (NYSE:TX) reported its Q2 2025 results with improved performance despite market challenges. The company achieved an Adjusted EBITDA of $403 million, up 25% from Q1, with margins increasing to 10%. Net sales remained stable at $3.947 billion, while net income reached $259 million.

Steel shipments decreased 4% sequentially to 3,719 thousand tons, primarily affected by lower volumes in Mexico and the US. The company maintained a strong financial position with $1.0 billion in net cash and generated substantial operating cash flow of $1.0 billion, driven by working capital optimization.

Looking ahead, Ternium expects further improvement in Adjusted EBITDA for Q3 2025, supported by cost reduction initiatives and operational enhancements, despite ongoing challenges in key markets like Mexico and Brazil.

Positive

• None.

Negative

• Steel shipments declined 4% quarter-over-quarter to 3,719 thousand tons
• Net sales decreased 13% year-over-year to $3.947 billion
• Operating income fell 46% year-over-year to $199 million
• $40 million provision charge for Usiminas litigation
• Challenging market conditions in Mexico due to increased US import tariffs to 50%

Insights

Financial Analyst

Ternium's Q2 results show sequential margin improvement to 10% despite volume challenges and US tariff impacts.

Ternium delivered a sequential improvement in Q2 2025, with $403 million in Adjusted EBITDA (25% higher than Q1) and an improved EBITDA margin of 10% (up from 8% in Q1). However, year-over-year performance weakened significantly, with Adjusted EBITDA declining 26% from Q2 2024.

The company's revenue remained flat sequentially at $3.95 billion but fell 13% year-over-year, primarily due to lower steel prices and reduced shipment volumes. Steel shipments declined 4% from Q1 and 3% year-over-year to 3.72 million tons, affected by market uncertainties in Mexico related to trade tensions with the US, including increased Section 232 tariffs to 50%.

Despite these challenges, Ternium generated strong cash flow, with $1.0 billion from operations driven by a $787 million reduction in working capital. The company maintained financial discipline while continuing significant capital investment, with $810 million in capex primarily for its Pesquería, Mexico expansion. After paying dividends of $353 million, Ternium closed the quarter with a $1.0 billion net cash position.

Regionally, performance was mixed. Mexico saw volume declines due to trade uncertainties and commercial market weakness. Brazil maintained stable shipments year-over-year despite surging imports. Argentina showed improvement with increased shipments both sequentially and year-over-year, reflecting recovering demand. The mining segment saw higher volumes (11% sequential increase) but lower margins due to decreased iron ore prices.

Looking ahead, management expects further EBITDA improvement in Q3, supported by cost reduction initiatives, operational enhancements, and potentially increased Mexican shipments as government trade measures begin reducing unfair imports. However, Brazil continues to face challenges from Chinese imports, while Argentina's shipments are expected to remain stable.

LUXEMBOURG, LU / ACCESS Newswire / July 29, 2025 / Ternium S.A. (NYSE:TX) today announced its results for the second quarter and first half ended June 30, 2025.

The financial and operational information contained in this press release is based on Ternium S.A.'s operational data and consolidated condensed interim financial statements prepared in accordance with IAS 34 "Interim financial reporting" (IFRS) and presented in U.S. dollars ($) and metric tons. Interim financial figures are unaudited. This press release includes certain non-IFRS alternative performance measures such as Adjusted EBITDA, Cash Operating Income, Adjusted Net Income, Adjusted Equity Holders' Net Income, Adjusted Earnings per ADS, Free Cash Flow and Net Cash. The reconciliation of these figures to the most directly comparable IFRS measures is included in Exhibit I.

Second Quarter of 2025 Highlights

Summary of Second Quarter of 2025 Results

CONSOLIDATED			2Q25			1Q25		DIF				2Q24		DIF				1H25			1H24		DIF
Steel Products Shipments (thousand tons)			3,719			3,857			-4	%		3,841			-3	%		7,577			7,735			-2	%
Mining Products Shipments (thousand tons)			1,980			1,791			11	%		1,496			32	%		3,771			2,920			29	%
Net Sales ($ million)			3,947			3,933			0	%		4,514			-13	%		7,880			9,292			-15	%
Operating Income ($ million)			199			132			51	%		371			-46	%		331			1,045			-68	%
Adjusted EBITDA ($ million)			403			322			25	%		545			-26	%		725			1,400			-48	%
Adjusted EBITDA Margin (% of net sales)			10	%		8	%					12	%					9	%		15	%
Provision for Usiminas Participation Acquisition Litigation ($ million)			(40	)		(45	)					(783	)					(85	)		(783	)
Net Income (Loss) ($ million)			259			142						(743	)					402			(252	)
Equity Holders' Net Income (Loss) ($ million)			215			67						(728	)					282			(366	)
Earnings (Losses) per ADS1 ($)			1.10			0.34						(3.71	)					1.44			(1.87	)
Adjusted Net Income ($ million)			299			188						40						487			531
Adjusted Equity Holders' Net Income (Loss) ($ million)			251			108						(21	)					359			340
Adjusted Earnings (Losses) per ADS ($)			1.28			0.55						(0.11	)					1.83			1.73

Note: Each American Depositary Share, or ADS, represents 10 shares of Ternium's common stock. Results are based on a weighted average number of shares of common stock outstanding (net of treasury shares) of 1,963,076,776.

Second Quarter of 2025 Highlights

Ternium's Adjusted EBITDA Margin rose sequentially to 10% in the second quarter, primarily driven by higher realized steel prices, mainly in Mexico. Sales volumes of steel products declined slightly sequentially, largely due to lower shipments in Mexico and the US, partially offset by higher shipments in Argentina. The uncertain business climate in Mexico related to trade discussions weighed on local steel demand in the period. Sales volumes in the country were also affected by an increase of the US import tariff on steel and derivative products under Section 232 to 50%.

Cash from operations in the second quarter totaled $1.0 billion driven by a significant decrease in working capital, consistent with declining sales volumes. Capital expenditures amounted to $810 million in the period, mainly in connection with the ongoing expansion at the company's industrial center in Pesquería, Mexico. In addition, the company paid a dividend of $353 million corresponding to the balance of the total dividend declared for the year 2024. Ternium's net cash position as of the end of June 2025 was $1.0 billion, decreasing by $268 million since the end of March 2025.

Outlook

Ternium expects Adjusted EBITDA to keep improving in the third quarter of 2025, supported by ongoing cost reduction initiatives and operational enhancements. The company is concentrating on a comprehensive plan for cost management, aiming to improve profitability and resilience even as challenging market conditions persist.

In Mexico, the steel sector is dealing with uncertainty from ongoing tariff talks with the U.S. In response to shifting market conditions, the Mexican government has begun implementing trade measures intended to defend local producers against unfair trade practices, leading to early declines in steel imports, especially from Asia. Consequently, Ternium expects some increase in shipments in Mexico in the third quarter of 2025 compared to the second quarter of the year.

Unlike the recent developments in Mexico, Brazil's steel market continues to struggle with a high level of unfairly traded steel imports, especially from China, which is hurting local producers. In this context, Usiminas keeps working on strengthening its competitiveness and expects to achieve an improved cost per ton in the third quarter of 2025 compared to the second quarter of the year.

In Argentina, Ternium anticipates that shipments in the third quarter of 2025 will remain relatively stable after a significant sequential increase during the second quarter driven by seasonal factors as well as a gradually recovering macroeconomic environment.

Analysis of Second Quarter of 2025 Results

Consolidated Net Sales

$ MILLION		2Q25			1Q25			DIF			2Q24			DIF			1H25			1H24			DIF
Steel segment			3,812			3,801			0	%		4,395			-13	%		7,613			9,085			-16	%
Mining segment			135			132			3	%		119			13	%		267			208			28	%
Total net sales			3,947			3,933			0	%		4,514			-13	%		7,880			9,292			-15	%

Adjusted EBITDA

Adjusted EBITDA in the second quarter of 2025 equals Net Income adjusted to exclude:

• Depreciation and amortization;

• Income tax results;

• Net financial results;

• Equity in earnings of non-consolidated companies; and

• Provision charge for ongoing litigation related to the acquisition of a participation in Usiminas.

And adjusted to include the proportional EBITDA in Unigal (70% participation).

Adjusted EBITDA Margin equals Adjusted EBITDA divided by net sales. For more information see Exhibit I - Alternative performance measures - "Adjusted EBITDA".

Steel Segment

In the second quarter of 2025, the Steel Segment's net sales remained relatively stable sequentially. Higher realized steel prices were largely offset by reduced sales volumes, reflecting lower shipments in Mexico, Brazil and Other Markets, while shipments increased in the Southern Region.

Year-over-year, the Steel Segment's net sales declined by 13% in the second quarter of 2025. Steel revenue per ton fell across all regions due to lower steel prices. Sales volumes decreased as well, reflecting lower shipments in Mexico and Other Markets that were partially offset by higher shipments in the Southern Region.

Ternium's sales volume in Mexico declined sequentially in the second quarter due to reduced shipments to industrial customers and a softer commercial market. On a year-over-year basis, the contraction in second-quarter of 2025 volumes was largely driven by the commercial market weakness.

In Brazil, shipments in the second quarter of 2025 remained broadly in line with those of the same period in the prior year, while showing a modest sequential decline. Although domestic steel demand maintained its upward trajectory, the expansion was accompanied by an extraordinary surge in flat steel product imports.

In the Southern Region, shipments rose both sequentially and year-over-year during the second quarter of 2025, reflecting a recovery in steel demand in Argentina and, on a sequential basis, a seasonal rebound in activity.

In Other Markets, shipments fell by 14% in the second quarter of 2025, both sequentially and year-over-year, primarily driven by lower sales in the US.

The Steel Segment's Cash Operating Income rose sequentially in the second quarter of 2025 supported by stronger margins despite lower sales volumes. The margin improvement was primarily driven by higher realized steel prices, partially offset by a slight increase in cost per ton.

Year-over-year, the Steel Segment's Cash Operating Income declined in the second quarter of 2025, reflecting reduced margins and sales volumes. The contraction in margins was primarily attributable to lower realized steel prices, partially offset by decreased raw material and purchased slab costs.

Mining Segment

The Mining Segment's net sales remained relatively stable sequentially in the second quarter of 2025, as higher sales volumes were largely offset by a decrease in realized iron ore prices. Shipment levels in the second quarter were supported mainly by increased iron ore production. Year-over-year, the Mining Segment's net sales rose by 3% in the second quarter of 2025 reflecting higher sales volumes, partially offset by lower realized iron ore prices.

In the second quarter of 2025, the Mining Segment's Cash Operating Income decreased sequentially and on a year-over-year basis as a result of lower margins, partially offset by higher sales volumes.

The decrease in margins was primarily driven by reduced iron ore realized prices, partially mitigated by lower operating costs per ton.

Net Financial Results

Net financial results for the second quarter of 2025 recorded a $30 million loss. The net foreign exchange result for the period was a $35 million loss, driven mainly by the impact of the Mexican Peso's appreciation against the U.S. dollar on Ternium Mexico's net short local currency position and the impact of the Argentine Peso's depreciation against the U.S. dollar on Ternium Argentina's net long local currency position.

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Net interest result			1				14				28				15				66
Net foreign exchange result			(35	)			31				(49	)			(4	)			(90	)
Change in fair value of financial assets			17				29				(5	)			46				(142	)
Other financial expense, net			(12	)			(11	)			(13	)			(23	)			(36	)
Net financial results			(30	)			63				(39	)			33				(201	)

Income Tax Results

Ternium Mexico, Ternium Argentina and Ternium Brasil use the U.S. dollar as their functional currency and are, therefore, affected by deferred tax results.

These results account for the impact of local currency fluctuations against the U.S. dollar, as well as for the effect of local inflation.

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Current income tax expense			(47	)			(25	)			(124	)			(72	)			(250	)
Deferred tax gain (loss)			151				3				(183	)			154				(97	)
Income tax gain (expense)			104				(23	)			(307	)			82				(347	)

Net Income

In the second quarter of 2025, Ternium recorded net income of $259 million, which included a provision adjustment charge of $40 million for ongoing litigation related to the acquisition of a participation in Usiminas. This adjustment accounted for interest accrual and the appreciation of the Brazilian Real versus the US dollar in the quarter. Excluding this, Adjusted Net Income amounted to $299 million, on operating income of $199 million and an income tax gain of $104 million.

Adjusted Equity Holder's Net Income was $251 million in the second quarter, or $1.28 per ADS, mainly after accounting for the participation of a 76.7% non-controlling interest in Usiminas and a 37.4% non-controlling interest in Ternium Argentina.

$ MILLION			2Q25				1Q25				2Q24				1H25				1H24
Owners of the parent			215				67				(728	)			282				(366	)
Non-controlling interest			44				75				(16	)			119				114
Net Income (Loss)			259				142				(743	)			402				(252	)
Excluding provision for ongoing litigation related to the acquisition of a participation in Usiminas in 2012			40				45				783				85				783
Adjusted Net Income			299				188				40				487				531

$ per ADS		2Q25				1Q25				2Q24				1H25				1H24
Earnings (Losses) per ADS			1.10				0.34				(3.71	)			1.44				(1.87	)
Adjusted Earnings (Losses) per ADS			1.28				0.55				(0.11	)			1.83				1.73

Cash Flow and Liquidity

In the second quarter of 2025, cash from operations amounted to $1.0 billion after a $787 million decrease in working capital. During the period, inventories declined by $429 million, trade and other receivables decreased by $198 million, and trade payables and other liabilities increased by $161 million.

The reduction in the inventory value was driven by decreased stock volumes and costs. Capital expenditures totaled $810 million in the second quarter, primarily reflecting the progress made in the construction of the new facilities at Ternium's industrial center in Pesquería, Mexico.

In the second quarter of 2025, the company paid a dividend of $353 million corresponding to the balance of the total dividend declared for the year 2024. Ternium's net cash position as of the end of June 2025 was $1.0 billion, decreasing by $268 million since the end of March 2025.

Conference Call and Webcast

Ternium will host a conference call on July 30, 2025, at 8:30 a.m. ET in which management will discuss second quarter of 2025 results. A webcast link will be available in the Investor Center section of the company's website at www.ternium.com.

Forward Looking Statements

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products, and other factors beyond Ternium's control.

About Ternium

Ternium is a leading steel producer in the Americas, providing advanced steel products to a wide range of manufacturing industries and the construction sector. We invest in low carbon emissions steelmaking technologies to support the energy transition and the mobility of the future. We also support the development of our communities, especially through educational programs in Latin America. More information about Ternium is available at www.ternium.com.

Income Statement

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Net sales			3,947				3,933				4,514				7,880				9,292
Cost of sales			(3,337	)			(3,402	)			(3,758	)			(6,739	)			(7,432	)
Gross profit			610				531				757				1,141				1,860
Selling, general and administrative expenses			(403	)			(396	)			(435	)			(799	)			(866	)
Other operating (expense) income, net			(8	)			(3	)			49				(11	)			51
Operating income			199				132				371				331				1,045
Financial expense			(56	)			(54	)			(45	)			(111	)			(90	)
Financial income			57				68				73				126				156
Other financial (expense) income, net			(31	)			49				(67	)			18				(267	)
Equity in earnings of non-consolidated companies			25				16				15				41				34
Provision for ongoing litigation related to the acquisition of a participation in Usiminas			(40	)			(45	)			(783	)			(85	)			(783	)
Profit (Loss) before income tax results			155				165				(436	)			320				96
Income tax gain (expense)			104				(23	)			(307	)			82				(347	)
Profit (Loss) for the period			259				142				(743	)			402				(252	)
Attributable to:
Owners of the parent			215				67				(728	)			282				(366	)
Non-controlling interest			44				75				(16	)			119				114
Profit (Loss) for the period			259				142				(743	)			402				(252	)

Statement of Financial Position

$ MILLION		JUNE 30, 2025				DECEMBER 31, 2024
Property, plant and equipment, net			9,486				8,381
Intangible assets, net			1,025				1,022
Investments in non-consolidated companies			553				469
Other investments			0				23
Deferred tax assets			1,429				1,194
Receivables, net			1,077				961
Total non-current assets			13,571				12,050
Receivables, net			871				902
Derivative financial instruments			101				4
Inventories, net			4,228				4,751
Trade receivables, net			1,766				1,562
Other investments			1,517				2,160
Cash and cash equivalents			1,858				1,691
Total current assets			10,341				11,071
Non-current assets classified as held for sale			8				7
Total assets			23,919				23,129

Statement of Financial Position (cont.)

$ MILLION		JUNE 30, 2025				DECEMBER 31, 2024
Capital and reserves attributable to the owners of the parent			12,004				11,968
Non-controlling interest			4,578				4,163
Total equity			16,582				16,132
Provisions			602				553
Deferred tax liabilities			40				89
Non current tax liabilities			30				21
Other liabilities			830				766
Trade payables			1				5
Lease liabilities			165				164
Borrowings			1,812				1,560
Total non-current liabilities			3,480				3,158
Provision for ongoing litigation related to the acquisition of a participation in Usiminas			495				410
Current income tax liabilities			32				107
Other liabilities			710				630
Trade payables			2,022				1,926
Derivative financial instruments			1				50
Lease liabilities			51				46
Borrowings			546				670
Total current liabilities			3,857				3,839
Total liabilities			7,337				6,997
Total equity and liabilities			23,919				23,129

Statement of Cash Flows

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Result for the period			259				142				(743	)			402				(252	)
Adjustments for:
Depreciation and amortization			197				184				199				381				370
Income tax accruals less payments			(202	)			(50	)			283				(252	)			271
Equity in earnings of non-consolidated companies			(25	)			(16	)			(15	)			(41	)			(34	)
Provision for ongoing litigation related to the acquisition of a participation in Usiminas			40				45				783				85				783
Interest accruals less payments / receipts, net			(9	)			9				(11	)			0				(12	)
Changes in provisions			1				3				(62	)			4				(69	)
Changes in working capital			781				(55	)			169				727				(97	)
Net foreign exchange results and others			0				(56	)			52				(55	)			172
Net cash provided by operating activities			1,044				207				656				1,251				1,132
Capital expenditures and advances to suppliers for PP&E			(810	)			(518	)			(409	)			(1,327	)			(858	)
Decrease in other investments			319				243				329				562				329
Proceeds from the sale of property, plant & equipment			0				1				1				1				1
Dividends received from non-consolidated companies			1				1				1				2				2
Repayment of additional paid in capital			(5	)			-				-				(5	)			-
Net cash used in investing activities			(495	)			(273	)			(79	)			(768	)			(526	)
Dividends paid in cash to company's shareholders			(353	)			-				(432	)			(353	)			(432	)
Dividends paid in cash to non-controlling interest			(2	)			-				(46	)			(2	)			(46	)
Finance lease payments			(15	)			(20	)			(15	)			(35	)			(33	)
Proceeds from borrowings			9				573				303				582				434
Repayments of borrowings			(162	)			(385	)			(365	)			(547	)			(531	)
Net cash (used in) provided by financing activities			(523	)			167				(556	)			(356	)			(608	)
Increase (decrease) in cash and cash equivalents			26				101				22				127				(2	)

Exhibit I - Alternative Performance Measures

These non-IFRS measures should not be considered in isolation of, or as a substitute for, measures of performance prepared in accordance with IFRS. These non-IFRS measures do not have a standardized meaning under IFRS and, therefore, may not correspond to similar non-IFRS financial measures reported by other companies.

Adjusted EBITDA

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Net income			259				142				(743	)			402				(252	)
Adjusted to exclude:
Depreciation and amortization			197				184				199				381				370
Income tax results			(104	)			23				307				(82	)			347
Net financial results			30				(63	)			39				(33	)			201
Equity in earnings of non-consolidated companies			(25	)			(16	)			(15	)			(41	)			(34	)
Provision for ongoing litigation related to the acquisition of a participation in Usiminas			40				45				783				85				783
Reversal of other Usiminas contingencies recognized as part of the PPA			-				-				(34	)			-				(34	)
Adjusted to include:
Proportional EBITDA in Unigal (70% participation)			7				6				9				13				18
Adjusted EBITDA			403				322				545				725				1,400
Divided by: net sales			3,947				3,933				4,514				7,880				9,292
Adjusted EBITDA Margin (%)			10	%			8	%			12	%			9	%			15	%

Exhibit I - Alternative Performance Measures (cont.)

Cash Operating Income - Steel Segment

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Operating Income - Management View (Note "Segment Information" to Ternium's Financial Statements as of the corresponding dates)			190				244				278				433				871
Plus/Minus differences in cost of sales (IFRS)			10				(116	)			88				(106	)			147
Excluding depreciation and amortization			144				142				134				286				271
Excluding reversal of other Usiminas contingencies			-				-				(34	)			-				(34	)
Including proportional EBITDA in Unigal (70% participation)			7				6				9				13				18
Cash Operating Income			350				276				476				626				1,274
Divided by: steel shipments (thousand tons)			3,719				3,857				3,841				7,577				7,735
Cash Operating Income per Ton - Steel			94				72				124				83				165
Divided by: steel net sales			3,812				3,801				4,395				7,613				9,085
Cash Operating Income Margin - Steel (%)			9	%			7	%			11	%			8	%			14	%

Cash Operating Income - Mining Segment

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Operating Result - Management View (Note "Segment Information" to Ternium's Financial Statements as of the corresponding dates)			(38	)			(2	)			(52	)			(40	)			(74	)
Plus/minus differences in cost of sales (IFRS)			38				17				61				55				115
Excluding depreciation and amortization			53				42				65				95				99
Cash Operating Income			54				57				74				110				140
Divided by: mining shipments (thousand tons)			3,323				3,059				2,674				6,382				5,369
Cash Operating Income per Ton - Mining			16				18				28				17				26
Divided by: mining net sales			281				280				271				561				546
Cash Operating Income Margin - Mining (%)			19	%			20	%			27	%			20	%			26	%

Exhibit I - Alternative Performance Measures (cont.)

Adjusted Net Income

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Net income (Loss)			259				142				(743	)			402				(252	)
Excluding provision for ongoing litigation related to the acquisition of a participation in Usiminas			40				45				783				85				783
Adjusted Net Income			299				188				40				487				531

Adjusted Equity Holders' Net Income and Adjusted Earnings per ADS

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Equity holders' net income (Loss)			215				67				(728	)			282				(366	)
Excluding provision for ongoing litigation related to the acquisition of a participation in Usiminas			36				41				706				77				706
Adjusted Equity Holders' Net Income (Loss)			251				108				(21	)			359				340
Divided by: outstanding shares of common stock, net of treasury shares (expressed in million of ADS equivalent)			196				196				196				196				196
Adjusted Earnings (Losses) per ADS ($)			1.28				0.55				(0.11	)			1.83				1.73

Free Cash Flow

$ MILLION		2Q25				1Q25				2Q24				1H25				1H24
Net cash provided by operating activities			1,044				207				656				1,251				1,132
Excluding capital expenditures and advances to suppliers for PP&E			(810	)			(518	)			(409	)			(1,327	)			(858	)
Free Cash Flow			234				(311	)			247				(77	)			274

Exhibit I - Alternative Performance Measures (cont.)

Net Cash

$ BILLION		JUNE 30, 2025				MARCH 31, 2025				JUNE 30, 2024
Cash and cash equivalents			1.9				1.8				1.7
Plus: other investments (current and non-current)			1.5				1.9				2.1
Less: borrowings (current and non-current)			(2.4	)			(2.5	)			(2.0	)
Net Cash			1.0				1.3				1.9

Note: Ternium Argentina's consolidated position of cash and cash equivalents and other investments amounted to $1.0 billion as of June 30, 2025, $1.1 billion as of March 31, 2025 and $1.3 billion as of June 30, 2024.

Sebastián Martí
Ternium - Investor Relations
+1 (866) 890 0443
+54 (11) 4018 8389
www.ternium.com

SOURCE: Ternium S.A.

View the original press release on ACCESS Newswire

FAQ

What were Ternium's (TX) key financial results for Q2 2025?

Ternium reported net sales of $3.947 billion, Adjusted EBITDA of $403 million, and net income of $259 million. The company achieved an Adjusted EBITDA margin of 10%.

How did Ternium's steel shipments perform in Q2 2025?

Steel shipments decreased 4% quarter-over-quarter to 3,719 thousand tons, mainly due to lower volumes in Mexico and the US markets.

What is Ternium's outlook for Q3 2025?

Ternium expects Adjusted EBITDA to improve in Q3 2025, supported by cost reduction initiatives and operational enhancements. The company also anticipates increased shipments in Mexico.

How much cash did Ternium generate from operations in Q2 2025?

Ternium generated $1.0 billion in operating cash flow, primarily driven by a $787 million decrease in working capital.

What was Ternium's net cash position as of June 2025?

Ternium maintained a net cash position of $1.0 billion as of June 2025, representing a decrease of $268 million from March 2025.