FERBASA: 3Q24 profit surged sequentially, but 9M24 results declined on weaker prices and volumes

About this update from Cia De Ferro Ligas Da Bahia

Ferbasa's 3Q24 saw net revenue rise 14.5% sequentially and net profit jump 82.4%, but 9M24 results were down year-over-year due to lower prices and volumes. Adjusted EBITDA margin improved to 21.3% in 3Q24, while CAPEX and investments in energy assets continued.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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