PORTO ALEGRE, Brazil, Feb. 22, 2017 /PRNewswire/ -- 4Q16 Highlights and 2016
Free cash flow of R$1.2 billion in 4Q16, marking the seventh straight quarter of positive flow.
Consolidated EBITDA of R$ 4.0 billion and EBITDA margin of 10.8% in 2016, despite the challenging scenario.
Financial leverage measured by the ratio of net debt to EBITDA of 3.5 times, accompanied by deleveraging.
Gerdau stocks GGBR4 and GGB gain 133% and 163%, respectively, in 2016.
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 4Q16 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://ri.gerdau.com/enu/s-6-enu.html?idioma=enu