Vale S.A operates in the Iron ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vale S.A with three other
iron ore producers in Latin America:
Shougang Hierro Peru SAA
of PERU
(2020
sales of 4.04 billion Peruvian Sols [US$981.92 million]
),
Sociedad Punta del Cobre SA
of CHILE
(231.35 billion Chilean Pesos [US$296.13 million]
of which 88%
was Copper Concentrates), and
Compania Minera Santa Luisa S.A.
which is
based in PERU
(141.45 million Peruvian Sols [US$34.41 million]
).
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 Vale S.A totalled
87.85 billion Brazilian Reals.
This is
an increase of 117.3%
from the 40.43 billion Brazilian Reals in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 157.15 billion Brazilian Reals, which is
119.2% higher
than through the first two quarters of 2020.
During the previous 22 quarters, sales at Vale S.A have increased compared with the same quarter in the previous year.
Vale S.A reported sales of 208.53 billion Brazilian Reals (US$39.04 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 40.3%
versus 2019, when the company's sales were 148.64 billion Brazilian Reals.
Sales at Vale S.A have increased during each of the previous five years
(and since 2015, sales have increased a total of 144%).
Sales of Basic Metals saw an increase
of
52.9% in 2020, from
24.35 billion Brazilian Reals to 37.23 billion Brazilian Reals.
Not all segments of Vale S.A experienced an increase in sales in 2020:
sales of Coal fell 39.3% to 2.43 billion Brazilian Reals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Vale S.A also experienced decreases in sales in
Others (down 1.1% to 1.50 billion Brazilian Reals)
.