SAO PAULO, May 8, 2019 /PRNewswire/ -- Highest first-quarter EBITDA of last 11 years in 1Q19 (R$ 1.6 billion), with EBITDA margin of 15.5%.
Dividend distribution in 1Q19 of R$ 0.07 per share for Gerdau S.A.
Financial leverage (net debt/adjusted EBITDA) of 1.8x on March 31, 2019, down sharply from 2.7x on March 31, 2018.
Substantial improvement in EBITDA and EBITDA margin at North America BD, to R$ 506 million and 13.2%.
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 1Q19 results at the Securities and Exchange Commission (SEC) and at the Comissão de Valores Mobiliários (CVM), which are available at Gerdau's website. To access this document, please click on https://ri.gerdau.com/notices-and-results/results-center#2019
The 1Q19 Valuation Guide is also available at Gerdau's website:
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