GERDAU S.A. PORTO ALEGRE, Brazil, Feb. 28, 2018 /PRNewswire/ -- 4Q17 Highlights
- Free cash flow of R$ 1.5 billion in 2017.
- Selling, general and administrative expenses decrease 26% in 4Q17 compared to 4Q16, corresponding to 4.1% of net sales.
- Cash conversion cycle decreases to 70 days.
- Financial leverage measured by net debt / adjusted EBITDA ratio falls to 2.98x.
Additional Information
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 4Q17 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 4Q17 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 11 3094 6300
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SOURCE Gerdau S.A.
