PORTO ALEGRE, Brazil, Nov. 9, 2016 /PRNewswire/ -- 3Q16 Highlights
Consolidated EBITDA of R$ 1.2 billion and EBITDA margin of 13.8% in 3Q16, reflecting the Company's geographic diversification.
Positive free cash flow of R$1.0 billion in 9M16.
Selling, general and administrative expenses decreased 11.5% in the 9M16 from the same period of 2015, reflecting the efforts made by the Company's management.
Stability in the Net Debt/EBITDA ratio at 3.6 times in September compared with June 2016.
Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling today its 3Q16 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