Strong Revenue and Sales Growth
Consolidated revenue increased by 41% compared to the previous quarter, reaching R$773 million with a margin of 11%. Steel sales in the domestic market rose by 4%, and mining sales increased by 11% compared to the same period last year.
Mining Segment Performance
Mining segment achieved R$733 million in revenue with an 11% margin, driven by an 11% increase in sales compared to the previous year, despite challenges like regional rainfall.
Improved EBITDA Margin
The company reported a 9% EBITDA margin, 2.4 percentage points higher than the previous quarter, with a 4% increase in sales volume in the domestic market and a 2% reduction in COGS.
Successful Bond Issuance
Usiminas successfully completed a bond issuance in January with favorable spreads, reflecting a positive market reception.