Companhia Siderurgica Nacional · BMFBOVESPA:CSNA3
Companhia Siderurgica Nacional — National Steel — Q1 2010 Earnings Presentation
7 slides from Companhia Siderurgica Nacional's earnings presentation, May 7, 2010
Slide 1: Investor Relations Team
Investor Relations Team On March 31, 2010 - IR Executive Officer: Paulo Penido Pinto Marques • BM&FBovespa: CSNA3 R$ 35.67 /share - Manager: David Moise Salama - (+55 11) 3049-7588 • NYSE: SID US$ 19.97 /ADR (1 ADR = 1 share) - Specialist: Claudio Pontes - (+55 11) 3049-7592 • Total no. of shares =
Slide 2: Production Costs (Parent Company)
Production Costs (Parent Company) In 1Q10, steel production costs totaled R$1,278 million, 11%, or R$131 million, up on the R$1,147 million recorded in 4Q09, chiefly due to higher raw material costs. Raw materials: increase of R$132 million, primarily related to the following inputs: - Coal : increa
Slide 3: Sales
Sales Total Sales Volume Flat steel sales volume totaled 1.3 million tonnes in 1Q10, virtually twice the volume sold in the same period of 2009. In comparison with 4Q09, sales volume grew by 5%, indicating a vigorous and consistent recovery of the steel market. Domestic Market First-quarter domestic
Slide 4: Sales by Product
Sales by Product 1909 4909 1910 a 1% on “OO od 36% 35% 17% 16% (Hot Rolled mCold Rolled mGalvanized mTin Plate Slabs
Slide 5: _____________________________ Production volume, purchases and sales include 100% of Namisa.
_____________________________ 1 Production volume, purchases and sales include 100% of Namisa.
Slide 6: Income Taxes and Net Income
Income Taxes Income tax and social contribution totaled R$29 million in 1Q10, as a result of lower taxable income in the period. Net Income CSN posted 1Q10 net income of R$482 million, 35%, or R$263 million, less than in 4Q09, chiefly due to the following factors: • An R$86 million increase in gross
Slide 7: Share Performance: CSN x IBOVESPA
ace 100 Performance: CSN x IBOVESPA cSNA3 “ \ x | 1? IBOVESPA