Earnings ·
Gerdau S.A. reported second-quarter 2026 results with steel shipments of 2.9 million tonnes and net sales of R$17.9…
GGBGerdau S.A.
Gerdau S.A. reported second-quarter 2026 results with steel shipments of 2.9 million tonnes and net sales of R$17.9 billion, both up sequentially. Adjusted EBITDA rose 15.9% to R$3.4 billion with a margin of 19.2%, while adjusted net income increased 44.7% to R$1.5 billion. The Board approved a dividend of R$0.23 per share, totaling R$451.3 million, payable on September 11, 2026, with a record date of August 19, 2026 and an ex-dividend date of August 20, 2026. Additionally, the company advanced its 2026 share buyback program to 31% completion, investing R$334 million, and cancelled approximately 7.1 million shares. Gerdau S.A. is a leading global producer of long and special steel with significant operations in Brazil, North America, and South America.