AT A GLANCE: Ternium’s earnings down 36% in Q1

A summary of Latin American steel group Ternium’s financial results for the first quarter of 2020.

In brief Earnings before interest, taxes, depreciation and amortization (Ebitda) down by a third year on year due to restrictions related to the Covid-19 pandemic. Net loss of $19.40 million, compared with a net profit of $224.90 million in the first quarter of 2019. Higher sales volumes in Mexico, Ternium’s main market, but...

Published

Felipe Peroni

April 29, 2020

05:00 GMT

São Paulo