Companhia Siderúrgica Nacional ( (SID) ) has released its Q1 earnings. Here is a breakdown of the information Companhia Siderúrgica Nacional presented to its investors.
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Companhia Siderúrgica Nacional (CSN) is a prominent Brazilian company operating in the steel and mining sectors, known for its integrated production processes and significant market presence in Brazil and internationally.
In the first quarter of 2025, CSN reported a solid recovery in its financial results, driven by increased sales volumes and improved pricing in its steel and iron ore segments. Despite the typical seasonal downturn, the company achieved a 28% increase in adjusted EBITDA compared to the same period last year, reaching R$ 2.5 billion with a margin of 22%.
Key highlights include a 107% year-over-year growth in steel segment EBITDA, reflecting robust domestic demand and improved operational efficiency. The mining segment also showed strong performance with an adjusted EBITDA of R$ 1.4 billion, benefiting from higher iron ore prices and cost efficiencies. Additionally, the cement segment experienced a 6.2% increase in sales volume, although competitive pressures affected its margins.
CSN’s management remains optimistic about the company’s future performance, focusing on deleveraging and operational improvements. The company reduced its gross debt by R$ 3.6 billion and improved its leverage ratio, positioning itself well to continue delivering strong results throughout 2025.