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CSN(SID) - 2024 Q4 - Annual Report
2025-03-28 19:25
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of December, 2024 Commission File Number 1-14732 COMPANHIA SIDERÚRGICA NACIONAL Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes _______ No ...
National Steel Q4 Earnings Beat Estimates, Revenues Inch Up Y/Y
ZACKS· 2025-03-18 17:21
National Steel (SID) reported a fourth-quarter 2024 loss per share of 8 cents, which was narrower than the Zacks Consensus Estimate of a loss of 9 cents. It reported earnings of 13 cents in the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.SID’s Q4 Top Line Rises on Higher Domestic RevenuesDomestic revenues increased 8.4% year over year to R$5.95 billion ($1.04 billion). The company’s international business revenues fell 6.8% year over year to R$6.08 billion ($1.0 ...
CSN(SID) - 2024 Q4 - Earnings Call Transcript
2025-03-13 19:30
Companhia Sider??rgica Nacional (NYSE:SID) Q4 2024 Earnings Conference Call March 13, 2025 10:30 AM ET Company Participants Marco Rabello - CFO and IRO Helena Guerra - ESG and Sustainability Director Benjamin Steinbruch - President, Executive Board, Chairman and CEO Edvaldo Rabelo - Director, Cement Business Luis Martinez - Executive Director, Commercial and Logistics Area & Member of Executive Board Conference Call Participants Caio Ribeiro - Bank of America Rafael Barcellos - Bradesco BBI Daniel Sasson - ...
CSN(SID) - 2024 Q4 - Earnings Call Presentation
2025-03-13 17:33
4Q24 and 2024 Earnings Release Conference Call 4Q24 – HIGHLIGHTS | | Best quarter of the year and | Cash of | Leverage impacted by | | --- | --- | --- | --- | | | solid earnings evolution Price improvements and | R$ 24.9 bi | exchange rate variation One -off increase does not take | | | cost control helped boost | Historic record due to strong | away commitment to | | | the result | cash management increased liquidity | deleveraging | | | Operational excellence : C1 cost and production | +35% | 50.1% | | MI ...
Should Value Investors Buy National Steel (SID) Stock?
ZACKS· 2025-02-06 15:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...
CSN(SID) - 2024 Q3 - Earnings Call Transcript
2024-11-13 20:01
Financial Data and Key Metrics Changes - The company reported an adjusted EBITDA of R$2.3 billion for Q3 2024, with a margin of 20% [17] - Net debt decreased from R$37 billion in Q2 to R$34 billion in Q3, indicating a reduction in leverage [21] - Free cash flow for the quarter was R$986 million, impacted by higher CapEx and financial expenses [20] Business Segment Performance - **Mining**: Achieved record production of 11.5 million tons, with production costs at $19.2 per ton, down from previous quarters [28][30] - **Steel**: Domestic sales volume increased by 9% in Q3, with a 20% rise in EBITDA due to a 5% drop in slab production costs [11][25] - **Cement**: Sales volume reached 3,600 tons, with EBITDA up 37% year-over-year and a profitability margin of 28% [12] - **Logistics**: Positive seasonality contributed to a 4% increase in EBITDA, benefiting from improved market prices [13][33] Market Data and Key Metrics Changes - The company noted a weaker dynamic in international iron ore prices, impacting consolidated results [17] - Domestic market dynamics showed a 9% growth in steel sales, reflecting effective commercial strategies [24] Company Strategy and Industry Competition - The company is focused on operational excellence and cost reduction across all segments, with ongoing investments in mining and steel efficiency [8][18] - Strategic partnerships and the sale of a stake in CMIN are part of the company's efforts to strengthen its financial position and reduce leverage [14][65] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the recovery of the cement market and infrastructure projects in Brazil, anticipating continued demand [47][82] - The company is preparing for potential price fluctuations in iron ore and steel, with expectations of improved margins in the coming quarters [42][60] Other Important Information - The company is actively pursuing anti-dumping measures to protect its market against high levels of imports, particularly in the tin plate sector [73][76] - The company has made significant strides in ESG initiatives, including a 10% reduction in CO2 emissions in the steel segment [36][37] Q&A Session Summary Question: Insights on steel mill costs and price dynamics - Management noted a recovery in margins and a drop in slab production costs, with a positive outlook for the fourth quarter [55][57][58] Question: Context on leverage and investment strategies - Management confirmed a target leverage of 2.5 times by year-end, with ongoing discussions for strategic partnerships and expected cash inflows from recent asset sales [63][65][66] Question: Updates on anti-dumping measures - Management provided details on the provisional anti-dumping measures for tin plate and ongoing discussions for additional products, emphasizing the need for government support [70][73][76] Question: Expectations for cement segment performance - Management highlighted strong performance in the cement segment, with expectations for continued growth and high margins [79][81][82] Question: Production cost outlook for iron ore - Management indicated a production cost of $19.2 per ton for iron ore, with long-term guidance between $21 to $23 per ton [94][95]
Google Big Earnings Pop (Technical Analysis)
Seeking Alpha· 2024-10-30 16:21
Group 1 - The article discusses the potential for initiating a long position in GOOGL stock within the next 72 hours, indicating a positive outlook for the company [1] - It emphasizes that the author has no current stock or derivative positions in any mentioned companies, ensuring objectivity in the analysis [1] - The article expresses personal opinions and does not represent any business relationship with the companies discussed [1] Group 2 - The content clarifies that it does not provide investment advice or recommendations, highlighting the importance of due diligence by investors [2] - It states that past performance is not indicative of future results, cautioning readers about the inherent risks in trading and investing [3] - The article notes that the views expressed may not reflect the opinions of the platform as a whole, indicating a diversity of perspectives among contributors [3]
Arista Networks: Buy On Weakness Signal (Technical Analysis)
Seeking Alpha· 2024-09-01 12:26
Group 1 - Arista Networks (ANET) is identified as a top stock for short-term buying on weakness, with a target to retest previous high resistance levels [1] - The proprietary SID score indicates a strong buy signal for ANET, with a projected 12-month return of 15% [1] - Technical signals show a transition from supply to demand, with positive indicators such as the Chaikin money flow and MACD suggesting upward price movement [2][3] Group 2 - SA Quant ratings for ANET are strong in Growth, Profitability, Momentum, and Revisions, but weak in Valuation, leading to an overall Hold rating [2] - Recent technical analysis indicates that ANET's price is attempting to reach its old high, with a breakout being a positive signal [3] - The conclusion emphasizes confidence in ANET's price movement towards previous highs, despite potential market downturns in the coming months [4]
National Steel (SID) Q2 Earnings Beat Estimates, Revenues Dip Y/Y
ZACKS· 2024-08-16 17:56
Core Viewpoint - National Steel (SID) reported a smaller loss per share of 8 cents, outperforming the Zacks Consensus Estimate of a loss of 26 cents, compared to a profit of 4 cents in the same quarter last year [1] Financial Performance - The company recorded a net loss of R$222.6 million ($41 million) in Q2 2024 [1] - Domestic revenues decreased by 4.3% year over year to R$5.5 billion ($1.01 billion), while international business revenues increased by 2.7% year over year to R$5.38 billion ($0.99 billion) [1] - Total net revenues for the quarter were R$10.88 billion ($1.99 billion), down 1% year over year [1] Segmental Performance - Steel segment revenues were R$5.59 billion ($1.02 billion), down 5.9% year over year, with steel sales increasing by 6.8% to 1,122.6 thousand tons [2] - Iron ore sales decreased by 4.1% to 10,792.2 thousand tons [2] - Mining segment revenues fell by 7.8% year over year to R$3.35 billion ($0.61 billion) [2] - Logistics segment revenues increased by 16% year over year to R$839 million ($154 million) [2] - Energy segment revenues decreased by 35% year over year to R$103 million ($19 million) [2] - Cement segment revenues improved by 8.4% year over year to R$1.2 billion ($0.28 billion) [2] Margin & Costs - Cost of sales decreased by 9.8% year over year to R$7.89 billion ($1.45 billion) [3] - Gross profit increased by 33.2% year over year to R$2.99 billion ($0.55 billion), with a gross margin of 27.6% compared to 20.4% in the prior year [3] - Adjusted EBITDA improved by 16.9% year over year to R$2.65 billion ($0.73 billion), with an EBITDA margin of 24.3% [3] Balance Sheet & Cash Flow - Cash and cash equivalents at the end of Q2 2024 were R$15.54 billion ($2.85 billion), up from R$11.97 billion ($2.19 billion) at the end of the prior year [4] - The net debt to adjusted EBITDA ratio was 3.6 at the end of Q2 2024 [4] Price Performance - National Steel's shares declined by 3.2% over the past year, while the industry experienced a decline of 13.8% [5] Peer Performance - Commercial Metals Company (CMC) reported adjusted earnings per share of $1.02, down 48.5% year over year, with revenues of $2.08 billion [7] - ArcelorMittal S.A. (MT) reported a net income of $504 million, down from $1,860 million year over year, with total revenues falling around 13% to $16,249 million [7] - Nucor Corporation (NUE) reported earnings of $2.68 per share, down from $5.81 year over year, with revenues of $8,077.2 million, down around 15% [8]
CSN(SID) - 2024 Q2 - Earnings Call Transcript
2024-08-13 20:27
Companhia Siderúrgica Nacional (NYSE:SID) Q2 2024 Earnings Conference Call August 13, 2024 10:30 AM ET Corporate Participants Antonio Marco Campos Rabello - CFO and IRO Benjamin Steinbruch - President, Executive Board, Chairman and CEO Luis Martinez - Executive Director, Commercial and Logistics Area & Member of Executive Board Edvaldo Rabelo - Director, Cement Business Conference Call Participants Daniel Sasson - Itau BBA Caio Greiner - BTG Pactual Marcio Farid - Goldman Sachs Caio Ribeiro - Bank of Americ ...