Quarterly ResultMay 6, 2026, 06:14 AM
Ternium Q1 Profit Jumps 161.6% to $372.4M; EPS $0.11
AI Summary
Ternium S.A. reported a substantial increase in profit for the first quarter of 2026, with profit for the period rising 161.6% to $372.4 million, and earnings per share increasing to $0.11 from $0.03 year-over-year. Operating income also saw a significant jump of 120% to $290.1 million. While net sales remained relatively flat at $3.93 billion, gross profit improved by 29.4%. The company also noted a $315.2 million acquisition of additional participation in Usiminas and a $150 million recovery of loans to non-consolidated companies during the quarter.
Key Highlights
- Profit for the period increased 161.6% to $372.4 million.
- Earnings per share rose to $0.11 from $0.03 year-over-year.
- Operating income surged 120% to $290.1 million.
- Net sales remained flat at $3.93 billion.
- Gross profit increased 29.4% to $686.9 million.
- Acquired additional participation in Usiminas for $315.2 million.
- Recovered $150 million in loans from non-consolidated companies.
- Steel segment operating income rose 11.7% to $272.0 million.
Price Impact
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