February 22, 2017 / 12:14 PM / 5 months ago

Brazil's Gerdau posts Q4 net loss of 3.1 bln reais

1 Min Read

BRASILIA, Feb 22 (Reuters) - Brazilian steelmaker Gerdau SA reported on Wednesday a net loss of 3.1 billion reais ($1.00 billion) in the fourth quarter, due in large part to impairments and currency fluctuations.

The company posted adjusted EBITDA, or Earnings Before Interest, Taxes, Depreciation and Amortization, of 716 million reais.

$1 = 3.0921 reais Reporting by Stephen Eisenhammer

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below