PORTO ALEGRE, Brazil, March 15, 2016 /PRNewswire/ -- Positive free cash flow generation of R$1.2 billion in 4Q15 and R$3.0 billion in 2015, supported by the optimization of working capital.
CAPEX disbursements in 2016 projected at R$1.5 billion, down 35% from the R$2.3 billion invested in 2015.
On a consolidated basis, adjusted EBITDA reached R$ 4.5 billion in 2015 and adjusted net profit was R$ 684 million. Consolidated EBITDA margin of 10.3% in 2015, demonstrates the resilience of the company due to geographic diversification.
In 2015, Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) allocated R$253.0 million (R$0.15 per share) to the payment of dividends and interest on capital.
Additional Information
Gerdau S.A. informs that it is filing today its 4Q15 and 2015 results at the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM), which are available at Gerdau's website. To access this document, please click on http://ri.gerdau.com/enu/s-6-enu.html?idioma=enu
The 4Q15 Valuation Guide is also available at Gerdau's website
http://ri.gerdau.com/static/enu/guia-modelagem.asp?idioma=enu
Investor Relations
inform@gerdau.com.br
+55 51 3323 2703
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-300236240.html
SOURCE Gerdau S.A.
