Ternium Argentina SA operates within the Cold finishing of steel shapes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ternium Argentina SA with three other
steel companies in Latin America:
Compania Electro Metalurgica SA
of CHILE
(2020
sales of 779.18 billion Chilean Pesos [US$989.56 million]
of which 60%
was Steel),
Grupo Simec SAB de CV
of MEXICO
(35.96 billion Mexican Pesos [US$1.79 billion]
), and
Industrias CH SAB de CV
which is
also
based in MEXICO
(39.56 billion Mexican Pesos [US$1.96 billion]
of which 36%
was Corrugated).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Ternium Argentina SA totalled
77.62 billion Argentinian Pesos .
This is
an increase of 254.6%
from the 21.89 billion Argentinian Pesos in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Ternium Argentina SA in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 137.92 billion Argentinian Pesos , which is
216.9% higher
than through the first two quarters of 2020.
Sales at Ternium Argentina SA appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 26.5% and 41.4%
of the annual
sales.
During the year ended December of 2020, sales at
Ternium Argentina SA were 131.83 billion Argentinian Pesos (US$1.34 billion).
This
is
an
increase of 23.0%
versus 2019, when the company's sales were 107.15 billion Argentinian Pesos .
This was the fifth consecutive year of sales increases at Ternium Argentina SA
(and since 2015, sales have increased a total of 459%).
Sales of Coated Steel saw an increase
of
28.1% in 2020, from
45.05 billion Argentinian Pesos to 57.71 billion Argentinian Pesos .
Not all segments of Ternium Argentina SA experienced an increase in sales in 2020:
sales of Other fell 22.3% to 3.89 billion Argentinian Pesos .
(However, this segment's sales were only a very small portion of the company's overall sales).