This excerpt taken from the GGB 6-K filed May 9, 2006.
Net Profit reaches R$ 832 million in the quarter, 2.7% greater than that of the same period in the previous year. Net margin reaches 14,9%.
Revenues generated by exports added to shipments of companies abroad totaled R$ 4.0 billion and represent 59.7% of consolidated figures.
Operating cash generation (EBITDA) reaches R$ 1.2 billion and EBITDA margin 20.8% in the period.
Metalúrgica Gerdau S.A. and Gerdau S.A shareholders will be paid dividends for the first quarter on May 25th, 2006.
Stock Dividend of 50% granted in April expects to increase liquidity and increase access to investors with the reduction of the minimum trading volume (minimum lot).
Business expansion in the United States continues with the acquisition of three units in the first three months of the year.