Gerdau SA (STU:GDUA)
€ 3.24 0.04 (1.25%) Market Cap: 6.69 Bil Enterprise Value: 7.51 Bil PE Ratio: 9.84 PB Ratio: 0.79 GF Score: 87/100

Q4 2019 Gerdau SA Earnings Call Transcript

Feb 19, 2020 / 05:00PM GMT
Release Date Price: €3.41 (-0.46%)
Operator

Good afternoon and welcome to Gerdau's conference call to discuss the results related to the fourth quarter of 2019. (Operator Instructions)

We would like to emphasize that any forward-looking statements that might be made during this conference call related to Gerdau's business outlook projections and financial and operating goals are mere assumptions based on the management's expectations related to the future of the company. Even though Gerdau believes that its comments are based on reasonable assumptions, there is no guarantee that future events will not affect this evaluation. Here today are Misters Gustavo Werneck, Director, President and CEO; and Harley Scardoelli, Vice President and CFO.

With no further ado, I'd like to give the floor to Mr. Gustavo Werneck. You may proceed, sir.

Gustavo Werneck Da Cunha
Gerdau S.A. - CEO & Director

Well, good afternoon, everyone. I would like to start by welcoming each one of you to Gerdau's conference call to discuss the results of the fourth quarter 2019 of Gerdau. Here with me is Scardoelli,

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