#Brazil #São Paulo #share buyback #EBITDA #Gerdau S.A.

Gerdau S.A. Announces Impressive 4Q24 Financial Results

In a recent announcement, Gerdau S.A. reported noteworthy financial growth for the fourth quarter of 2024. The company's adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) reached R$ 2.4 billion, reflecting a robust year-on-year increase of 17.2%. This performance underlines Gerdau's resilience and strategic positioning within the competitive steel and metal market.

The solid earnings are bolstered by the company's strategic investments in long-term growth projects. In the last quarter alone, Gerdau invested R$ 2.4 billion, contributing to a total capital expenditure (CAPEX) of R$ 6.2 billion for the year 2024. Looking ahead, Gerdau plans to allocate R$ 6 billion in capital projects for 2025, aimed at maintaining its competitiveness and enhancing operational efficiency.

For shareholders, Gerdau announced a dividend distribution of R$ 0.10 per share, amounting to R$ 203.4 million derived from the positive results of the fourth quarter. This is part of a larger strategy that saw Gerdau returning R$ 2.9 billion to its shareholders in 2024, including dividends and a share buyback program, which produced an impressive return on investment of 65.9%.

In a move to further enhance shareholder value, Gerdau concluded its share buyback program for 2024 and introduced a new scheme that allows for the repurchase of up to 64.5 million shares over the next 12 months. This initiative is viewed as a commitment to share performance and an effort to optimize equity structure in line with Gerdau’s positive financial trajectory.

Gerdau S.A. is dedicated to maintaining transparency and has ensured compliance by submitting its 4Q24 results to the Securities and Exchange Commission (SEC) and the Comissão de Valores Mobiliários (CVM). Detailed information is accessible to investors and stakeholders through Gerdau's official website, promoting an informed investment community.

The financial outcomes for 4Q24 not only exemplify Gerdau's operational strength but also highlight its strategic foresight in capital management. With planned ongoing investments and robust profits, Gerdau S.A. is positioned to navigate the future challenges of the market while delivering value to its investors.

As the company embarks on 2025, it will undoubtedly continue to focus on strategic growth, shareholder returns, and maintaining its status as a leading entity in the steel industry. Investors, stakeholders, and market analysts remain keenly interested in Gerdau’s next moves, particularly how they implement their substantial investment plans and the impacts on their overall market position in the upcoming quarters.