Earnings Call Summary | National Steel(SID.US) Q4 2023 Earnings Conference
Earnings Call Summary | National Steel(SID.US) Q4 2023 Earnings Conference
The following is a summary of the Companhia Siderúrgica Nacional (SID) Q4 2023 Earnings Call Transcript:
Financial Performance:
CSN saw margin growth significantly in Q4 of 2023, from $37 per ton to $70 per ton and improved slab cost to R$ 3,000 per ton.
The company reported a robust Q4 EBITDA of R$ 3.6 billion resulting in an EBITDA margin of 29%.
Strong cash generation of R$ 387 million enabled debt reduction, and leverage rate declined for the second consecutive quarter.
Despite sectoral challenges, year-end EBITDA margin showed a sequential growth of nearly 30%.
CSN lowered costs by 7% and uplifted sales by 7% even when the overall market saw a drop of 1.5%.
Business Progress:
CSN has initiated a program to improve safety, reduce accident rates, and maintain dam stability.
Diversity has markedly improved, with women's representation reaching 60% in 2023.
CSN achieved a reputable A- rating on the CDP's environmental management scale and is recognized as a leader in this field.
The company is targeting strategic growth and deleveraging, with a focus on making each business segment independent and standalone.
The Lafarge integration process was concluded successfully, capturing more than 90% of synergies.
Mining showed strong operational performance with sale growth of 28%.
In the cement business, there was a YoY growth of 7% with EBITDA margins reaching 24%, aiming to reach past margins of 30% in future.
CSN is actively pursuing partnerships and considering IPOs for its cement sector to manage leverage and bolster growth.
More details: National Steel IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Companhia Siderúrgica Nacional (SID) Q4 2023 Earnings Call Transcript:
以下是 Companhia Sideru'rgica Nacional (SID) 2023年第四季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
CSN saw margin growth significantly in Q4 of 2023, from $37 per ton to $70 per ton and improved slab cost to R$ 3,000 per ton.
The company reported a robust Q4 EBITDA of R$ 3.6 billion resulting in an EBITDA margin of 29%.
Strong cash generation of R$ 387 million enabled debt reduction, and leverage rate declined for the second consecutive quarter.
Despite sectoral challenges, year-end EBITDA margin showed a sequential growth of nearly 30%.
CSN lowered costs by 7% and uplifted sales by 7% even when the overall market saw a drop of 1.5%.
CSN在2023年第四季度實現了利潤率大幅增長,從每噸37美元增至每噸70美元,板坯成本提高至每噸3,000雷亞爾。
該公司報告稱,第四季度息稅折舊攤銷前利潤強勁,爲36億雷亞爾,息稅折舊攤銷前利潤率爲29%。
3.87億雷亞爾的強勁現金產生使債務減免成爲可能,槓桿率連續第二個季度下降。
儘管存在行業挑戰,但年終息稅折舊攤銷前利潤率連續增長了近30%。
即使整個市場下降了1.5%,CSN仍將成本降低了7%,銷售額也提高了7%。
Business Progress:
業務進展:
CSN has initiated a program to improve safety, reduce accident rates, and maintain dam stability.
Diversity has markedly improved, with women's representation reaching 60% in 2023.
CSN achieved a reputable A- rating on the CDP's environmental management scale and is recognized as a leader in this field.
The company is targeting strategic growth and deleveraging, with a focus on making each business segment independent and standalone.
The Lafarge integration process was concluded successfully, capturing more than 90% of synergies.
Mining showed strong operational performance with sale growth of 28%.
In the cement business, there was a YoY growth of 7% with EBITDA margins reaching 24%, aiming to reach past margins of 30% in future.
CSN is actively pursuing partnerships and considering IPOs for its cement sector to manage leverage and bolster growth.
CSN已經啓動了一項計劃,以提高安全性,降低事故率並維持大壩的穩定。
多樣性顯著改善,女性代表性在2023年達到60%。
CSN在CDP的環境管理量表中獲得了良好的A-評級,並被公認爲該領域的領導者。
該公司的目標是戰略增長和去槓桿化,重點是使每個業務部門獨立和獨立。
Lafarge整合過程成功結束,實現了90%以上的協同效應。
礦業表現強勁,銷售額增長28%。
水泥業務同比增長7%,息稅折舊攤銷前利潤率達到24%,目標是將來達到30%的利潤率。
CSN正在積極尋求合作伙伴關係,並考慮爲其水泥行業進行首次公開募股,以管理槓桿率和促進增長。
More details: National Steel IR
更多詳情: 國家鋼鐵公司 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧