Gerdau S.A. operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gerdau S.A. with three other
companies in this sector in BRAZIL :
Metalurgica Gerdau S.A.
(2020
sales of 43.81 billion Brazilian Reals [US$8.28 billion]
of which 41%
was Brazil),
Companhia Siderurgica Nacional
(30.06 billion Brazilian Reals [US$5.68 billion]
of which 55%
was Steel and New Businesses), and
Usinas Siderurgicas de Minas Gerais SA USIMINAS
(16.09 billion Brazilian Reals [US$3.04 billion]
of which 77%
was Steel).
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 Gerdau S.A. totalled
19.13 billion Brazilian Reals.
This is
an increase of 118.8%
from the 8.74 billion Brazilian Reals in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Gerdau S.A. in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 35.47 billion Brazilian Reals, which is
97.4% higher
than through the first two quarters of 2020.
Gerdau S.A. reported sales of 43.81 billion Brazilian Reals (US$8.28 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 10.5%
versus 2019, when the company's sales were 39.64 billion Brazilian Reals.
Despite this increase, sales are still
below the level achieved in 2018, when Gerdau S.A.
reported sales of 46.16 billion Brazilian Reals.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Gerdau S.A. had sales
of 43.58 billion Brazilian Reals.
Sales of Unit North America saw an increase
of
19.1% in 2020, from
14.66 billion Brazilian Reals to 17.46 billion Brazilian Reals.
Not all segments of Gerdau S.A. experienced an increase in sales in 2020:
sales of Unit Special Steel fell 9.0% to 6.10 billion Brazilian Reals.