Business

Companhia Siderúrgica Nacional: Record mining and cement results, steel recovery, and higher leverage marked 2Q24

Companhia Siderúrgica Nacional: Record mining and cement results, steel recovery, and higher leverage marked 2Q24

Companhia Siderurgica NacionalAugust 13, 20245
Companhia Siderúrgica Nacional: Record mining and cement results, steel recovery, and higher leverage marked 2Q24

About this update from Companhia Siderurgica Nacional

Operational records in mining and cement, plus a steel recovery, drove 12% revenue and 35% EBITDA growth sequentially, but net loss persisted due to higher financial expenses and taxes. Leverage increased to 3.36x, with strong cash reserves and ongoing debt management.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Companhia Siderurgica Nacional