2014

Gerdau S.A. - Consolidated information

PORTO ALEGRE, Brazil, Aug. 2, 2012 /PRNewswire/ -- 2nd quarter of 2012 Highlights

Shipments reached 4.8 million tonnes in the 2Q12, small reduction when compared to 2Q11.

Net Sales reached R$ 10.0 billion in the 2Q12, 11% more than 2Q11, due to the higher net sales per tonne sold in all Company's business operations.

2Q12 EBITDA reached R$ 1.2 billion, compared to R$ 1.3 billion in the 2Q11 and R$ 1.0 billion in the 1Q12. The EBITDA margin reached 12% in the 2Q12, lower than the 15% recorded in 2Q12, due to higher raw material costs, but higher than the 12% in 1Q12.

Net Income totaled R$ 549 million in the 2Q12.

Investments in fixed assets totaled R$ 850 million in the 2Q12.

Net Debt was R$ 11.7 billion on June 30, 2012, representing 2.6 times the last twelve months EBITDA.

Metalurgica Gerdau S.A. and Gerdau S.A. deliberated the dividend payment of, respectively, R$ 53 million (R$ 0.13/share) and R$ 153 million (R$ 0.09/share), based on 2Q12 results, to be paid on August 23rd, 2012.

Additional Information

Gerdau S.A. informs that it is filling today its 2Q12 results at the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM), which are available at Gerdau's website. To access this document, please click on http://www.gerdau.com/investidores/informacoes-financeiras-informacoes-relevantes.aspx?language=en-US

The 2Q12 Valuation Guide is also available at Gerdau's website http://www.gerdau.com/investidores/informacoes-operacionais.aspx?language=en-US

Investor Relations
inform@gerdau.com.br
+55 51 3323 2703

SOURCE Gerdau S.A.



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