PORTO ALEGRE, Brazil, May 7 /PRNewswire-FirstCall/ -- Gerdau S.A.
(NYSE: GGB) announces its 1Q09 results:
1st Quarter of 2009 Highlights
Sales totaled 3.1 million tonnes in the first 3 months of 2009 compared to
3.5 million tonnes in the 4th quarter of 2008.
Net Revenue reached R$ 7.0 billion in the 1st quarter of 2009.
EBITDA reached R$ 599.0 million in the 1st quarter of 2009 with 8.6% of
EBITDA margin.
Net Income reached R$ 35.0 million in the 1st quarter of 2009.
Investment in fixed assets totaled US$ 242.0 million in the 1st quarter of
2009.
Additional Information
Gerdau S.A. informs that it has filed today its 1st quarter of 2009
results at the Securities and Exchange Commission (SEC) and at the Comissao de
Valores Mobiliarios (CVM). To access this document, please click on
http://www.gerdau.com.br/ing/ri/download_3.asp?categoria=1,38&menu=inffinancei
ras_balanco (due to the length of the link, please copy and paste the URL into
your browser).
This document and the 2008 complementary data regarding are also available
at Gerdau's site http://www.gerdau.com.br/ing/ri/index.asp
SOURCE Gerdau S.A.
