Strong Start to Fiscal Year 2025
Usiminas reported a 41% increase in consolidated revenue, achieving R$773 million with a margin of 11%. Sales of steel in the domestic market increased by 4%, indicating resilient demand.
Mining Segment Success
The mining segment experienced an 11% increase in sales compared to the same period last year, contributing to better results due to higher material quality from new mining areas.
Improved Financial Performance
Usiminas achieved a net income of R$337 million, with a net revenue of R$6.9 million—a growth of 6% quarterly and 10% year-over-year. EBITDA margin improved to 9%.
Operational Efficiency Gains
Cost of goods sold (COGS) reduced by 2%, with operational efficiencies contributing R$109 million to the EBITDA.