Net Income of R$ 2.9 Billion, Sales Volume of 5.4 Million Tonnes, Net Revenue of R$ 11.4 Billion and EBITDA of R$ 4.9 Billion are All New Records for CSN.(Financial report)
PR Newswire Europe, March, 2008
SAO PAULO, Brazil, March 11 /PRNewswire/ --
Companhia Siderurgica Nacional CSN (BOVESPA: CSNA3) (NYSE: SID) today its results for the 4Q07,
-- CSN posted a net income of R$ 2.9 billion in 2007, a new annual record
and 150% more than in 2006.
-- Annual steel product sales volume stood at 5.4 million tonnes, 23%
more than in 2006 and also Company record. In the 4Q07 alone, sales
volume totaled 1.4 million tonnes, 18% up year-on-year.
-- Net revenue reached an impressive R$ 11.4 billion in 2007, 27% more
than in 2006 and yet another record.
-- Annual EBITDA stood at R$ 4.9 billion, 54% up on the year before 2006.
Once again, this was CSN's highest ever EBITDA figure.
-- CSN's shares...
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