CSN Reports Higher Q1 Adjusted EBITDA Amid Challenges
Brazilian steelmaker CSN (NYSE:SID) reported a 5.5% to 5.6% increase in first-quarter adjusted EBITDA despite challenges such as heavy rainfall, a stronger Brazilian real, and pressure from steel imports. Diversified operations including cement and logistics helped offset weaker performance in core segments.
Tickers: $SID
Topics: cement divestiture ebitda leverage steel