The earnings call highlighted Usiminas' ability to achieve cost reductions and increase EBITDA amid external challenges like increased subsidized imports and significant accounting impairments. While strong cash generation and sales growth were positive, the impact of external pressures and uncertainties around antidumping measures present ongoing challenges.

Company Guidance

In the conference call discussing Usiminas' third-quarter 2025 results, the company provided several key metrics and insights. Usiminas achieved an adjusted EBITDA of BRL 434 million with a margin of 7%, marking growth from the previous period. There was a 3% reduction in COGS per ton in the steel business unit compared to the second quarter, attributed to an expense and cost reduction plan. Despite the challenging market conditions, including a 33% increase in subsidized imports of flat steel, sales volumes for steel increased, and the company generated strong cash flow exceeding BRL 600 million. The company also reduced leverage, supported by efficient raw material inventory management. In the mining segment, higher prices and volumes contributed to net revenue of BRL 2.8 billion, 27% greater than the same period in 2024. Looking forward, Usiminas expects continued cost reductions and stable net revenues per ton, despite lower volumes due to typical seasonal patterns. The company remains vigilant about the impact of international trade imbalances on the domestic steel industry, particularly concerning subsidized imports from China.

Increased Adjusted EBITDA

Usiminas achieved an adjusted EBITDA of BRL 434 million with a margin of 7%, showing growth compared to the previous period.

Cost Reduction Achievements

There was a 3% reduction in COGS per ton in the steel business unit compared to the second quarter, attributed to the expense and cost reduction plan.

Growth in Steel Sales Volume

Despite import pressures, Usiminas reported growth in sales volume in the steel business unit.

Strong Cash Generation

The company generated strong cash flow exceeding BRL 600 million and reduced leverage thanks to efficient raw material inventory management.

Usinas Siderurgicas de Minas Gerais SA-Usiminas (ES:XUSIO) Earnings, Revenues Date & History

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ES:XUSIO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 06, 2026	2025 (Q4)	<0.01 / -	-0.024	―	―	―
Oct 24, 2025	2025 (Q3)	<0.01 / -0.45	0.021	-2228.57% (-0.47)	―	―
Jul 25, 2025	2025 (Q2)	0.01 / 0.01	-0.018	172.22% (+0.03)	―	―
Apr 24, 2025	2025 (Q1)	0.03 / 0.04	0.002	1750.00% (+0.03)	―	―
Feb 14, 2025	2024 (Q4)	0.02 / -0.02	0.114	-121.05% (-0.14)	―	―
Oct 25, 2024	2024 (Q3)	>-0.01 / 0.02	-0.032	165.63% (+0.05)	―	―
Jul 26, 2024	2024 (Q2)	<0.01 / -0.02	0.04	-145.00% (-0.06)	―	―
Apr 23, 2024	2024 (Q1)	<0.01 / <0.01	0.071	-97.18% (-0.07)	―	―
Feb 09, 2024	2023 (Q4)	-0.01 / 0.11	-0.144	179.17% (+0.26)	―	―
Oct 27, 2023	2023 (Q3)	-0.04 / -0.03	0.079	-140.51% (-0.11)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ES:XUSIO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 24, 2025	€0.79	€0.76	-3.80%
Jul 25, 2025	€0.70	€0.68	-2.86%
Apr 24, 2025	€0.94	€0.94	0.00%
Feb 14, 2025	€0.94	€0.94	0.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Usinas Siderurgicas de Minas Gerais SA-Usiminas (ES:XUSIO) report earnings?

Usinas Siderurgicas de Minas Gerais SA-Usiminas (ES:XUSIO) is schdueled to report earning on Feb 06, 2026, Before Open (Confirmed).

What is Usinas Siderurgicas de Minas Gerais SA-Usiminas (ES:XUSIO) earnings time?

Usinas Siderurgicas de Minas Gerais SA-Usiminas (ES:XUSIO) earnings time is at Feb 06, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is the P/E ratio of Usinas Siderurgicas de Minas Gerais SA-Usiminas stock?

The P/E ratio of Usinas Siderurgicas de Minas Gerais SA-Usiminas is N/A.

What is ES:XUSIO EPS forecast?

ES:XUSIO EPS forecast for the fiscal quarter 2025 (Q4) is <0.01.