Companhia Siderurgica Nacional · BMFBOVESPA:CSNA3
Companhia Siderurgica Nacional — National Steel — Q1 2015 Earnings Presentation
7 slides from Companhia Siderurgica Nacional's earnings presentation, May 6, 2015
Slide 1: Executive Summary
Executive Summary São Paulo, May 6, 2015 Companhia Siderúrgica Nacional (CSN) (BM&FBOVESPA: CSNA3) (NYSE: SID) announces today its consolidated results for the first quarter of 2015 (1Q15), which are presented in Brazilian Reais and in accordance with International Financial Reporting Standards (IFR
Slide 2: Equity Result Financial Result and Net Debt
Equity Result Financial Result and Net Debt The 1Q15 equity result totaled R$398 million, 62%, or R$152 million more than in 4Q14, essentially due to the positive result from the joint controlled entity, Namisa. The 1Q15 net financial result was negative by R$870 million, chiefly due to the followin
Slide 3: Net Income
Net Income CSN posted consolidated net income of R$392 million in 1Q15, R$325 million higher than in 4Q14, primarily due to the upturn in gross profit , reduced operating expenses, the improved equity result and the timing difference between the tax and accounting treatment of the foreign exchange v
Slide 4: Adjusted EBITDA by Segment – 1Q15 (R$ million)
Adjusted EBITDA by Segment – 1Q15 (R$ million)
Slide 5: Energy
Energy Cement istics 3 Steel 75 683
Slide 6: Mining
Mining Scenario In 1Q15, prices in the seaborne iron ore market continued to fall, reaching their lowest levels since the index was created in mid-2008. On the supply side, high output from the main Australian mining companies and the resilience of the high-cost producers were chiefly responsible fo
Slide 7: Webcast – 1Q15
Webcast – 1Q15 Earnings Presentation Conference Call in Portuguese with Simultaneous Translation into English Wednesday, May 06, 2015 11:00 a.m. – Brasília time 10:00 a.m. – US EST Phone: +1 (646) 843 6054 Conference ID: CSN Webcast: www.csn.com.br/ir