Brazil's Gerdau posts 9% fall in fourth-quarter profit
ReutersFeb 19, 2025 10:28 PM
SAO PAULO, Feb 19 (Reuters) - Brazilian steelmaker Gerdau GGBR4.SA 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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