Record-Breaking Revenue and Growth
Usiminas achieved a 41% increase in consolidated revenue, reaching R$773 million, with a margin of 11%. This was driven by a 4% increase in steel sales in the domestic market and an 11% increase in mining sales compared to the same period last year.
Strong EBITDA Performance
The company reported an EBITDA margin of 9%, which is 2.4 percentage points above the previous quarter, and a net income of R$337 million. This is the third consecutive quarter of EBITDA margin growth.
Mining Segment Success
Usiminas' mining segment saw a 13% increase in sales volume compared to the same period last year, contributing to a 34% increase in EBITDA, reaching R$206 million with a margin of 22%.
Operational Efficiency Gains
The company achieved a 2% reduction in COGS, with operational efficiencies and reduced fixed costs contributing R$240 million to EBITDA.