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Brazil's Gerdau posts 9% fall in fourth-quarter profit

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Brazil's Gerdau posts 9% fall in fourth-quarter profit

Feb 19, 2025 2:49 PM

SAO PAULO, Feb 19 (Reuters) - Brazilian steelmaker

Gerdau ( GGB ) reported on Wednesday a 9% decline in its

forth-quarter adjusted net profit from a year earlier, to total

666 million reais ($116.4 million).

The result came in below the 810.3 million reais profit

expected by analysts polled by LSEG.

($1 = 5.7214 reais)

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