Business
FERBASA: Net income plunged 80.8% sequentially as exports fell and global tariffs pressured margins
FERBASA: Net income plunged 80.8% sequentially as exports fell and global tariffs pressured margins

About this update from Cia De Ferro Ligas Da Bahia
Ferbasa's 1Q25 net revenue rose 7.9% year-over-year but fell 9.5% sequentially, with net income dropping sharply due to lower exports and global protectionist measures. Adjusted EBITDA improved from 4Q24, while cash reserves and domestic sales remained strong.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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