Gerdau SA (ADR) Steel Maker Financial Review and 2017 Outlook

NEW YORK, NY / ACCESSWIRE / April 24, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies is issuing a comprehensive report with no obligation on Gerdau SA (ADR) (NYSE: GGB) a manufacturer of long steel in North and South America. During March 2017, Gerdau announced that it has entered a joint venture, based on the sale of its 50% interest in Gerdau Diaco, in Colombia, with Putney Capital Management, which already is a partner in its operations in the Dominican Republic. Before this, Gerdau announced plans to divest its business unit, Premier Thermal Solutions, L.L.C to Z Capital Partners, L.L.C.

The divestment is a part of the company’s global strategic strategy to exit low yielding businesses & focus on the profitable ones. Additionally, the accelerated divestment strategy is also expected to increase operational and financial flexibility and reduce overall debt levels for the company. During 2016, the company already disposed of its Spain-based special steel producer to Clerbil SL in 2016.

Gerdau divests business segments to improve the bottom line, full comprehensive report READ
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After many months of decline, Brazil’s steel industry prospects are showing signs of gradual recovery driven by positive GDP growths, stable macros and progress in reforms. This means that the government/administration and core industries (including Iron & Steel) will have to continue to do the heavy lifting over the near to medium term, especially on the infrastructure side, to ensure growth stays the course.

From an individual & standalone perspective, Gerdau’s business risk profile is expected to benefit from its solid product lines and manufacturing techniques, and its well-diversified business structure. The company’s diversified revenue source is evident from the fact that it derived nearly 30.1% of fourth-quarter 2016 net revenue from its Brazilian operations, 39.9% from the North American business and 12.2% from South America.

Review Gerdau’s financial metrics and look at the company’s prospects here – READ
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