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CSN Announces 1Q15 results

05/12/2015 - CSN – Companhia Siderurgica Nacional announced its results for the first quarter of 2015 (1Q15).

Highlights include:
  • Steel sales totaled 1.4 million tonnes in 1Q15, 12% up on 4Q14. Of this total, 63% went to the domestic market and 37% to foreign market;
  • Net revenue from steel operations totaled R$3,123 million, a 14% improvement over 4Q14;
  • Consolidated net revenue totaled R$4,0 billion in 1Q15, 5.0% up on the previous quarter;
  • Gross profit totaled R$985 million, 7% up on the previous three months;
  • Consolidated net income of R$392 million in 1Q15, R$325 million higher than in 4Q14.

The full Earnings Release is available on CSN's IR website at www.csn.com.br/ir.