AT A GLANCE - Gerdau Q4 adjusted earnings down 19.4% vs previous year

A summary of The Brazil-based flat and long steel producer Gerdau's financial performance in the fourth quarter of 2019.

Gerdau's adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) dropped by 19.4% year on year in the fourth quarter of 2019 to 1.13 billion Reais ($260 million) from 1.40 billion Reais a year earlier.

It was hit by lower international...

Published

Felipe Peroni

February 19, 2020

17:16 GMT

São Paulo