Gerdau S.A., a leading steel manufacturer based in São Paulo, Brazil, with a market capitalization of $5.98 billion, has submitted its latest report to the U.S. Securities and Exchange Commission (SEC), as disclosed today. The company, listed under the SEC file number 1-14878, is obliged to file reports under the SEC’s Form 6-K, which is designated for foreign private issuers. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, reflecting strong operational performance and robust financial metrics.
The report, dated January 22, 2025, includes a ’Notice to the Market’ which was issued on January 21, 2025. This document is a standard requirement for foreign companies like Gerdau S.A., which trade on U.S. exchanges, to keep the SEC informed of any material events that shareholders should be aware of.
Gerdau S.A. has indicated that it files annual reports using Form 20-F, which is the format used by foreign private issuers that have equity shares listed on exchanges in the United States. The Form 20-F is a comprehensive document that encompasses the company’s financial performance, risks, and operations.
The SEC filing was signed off by Rafael Dorneles Japur, the Executive Vice President and Investor Relations Director of Gerdau S.A. The company operates within the Steel Works, Blast Furnaces, and Rolling & Finishing Mills industry, as classified under the standard industrial classification (SIC) code 3310.
The notice included in the filing serves as a communication to the market regarding the company’s latest developments or significant changes that may affect its operations or financial status. With annual revenues of $11.9 billion and EBITDA of $1.6 billion in the last twelve months, investors are closely monitoring the company’s performance.
The specific contents of the notice were not disclosed in the SEC filing summary. Notably, Gerdau is scheduled to release its next earnings report on February 19, 2025. InvestingPro subscribers have access to detailed financial analysis and earnings forecasts for deeper insights.
Gerdau S.A.’s business address is located at Av. Dra. Ruth Cardoso, 8,501 – 8° andar, São Paulo, São Paulo - Brazil, CEP 05425-070, which is also the address of its principal executive offices.
The information provided in this article is based on a press release statement and is intended to inform the public and shareholders of the latest SEC filing by Gerdau S.A. Currently trading at $2.96, the stock offers a dividend yield of 6.41% and appears undervalued according to InvestingPro analysis. For comprehensive insights into Gerdau’s valuation and future prospects, investors can access the detailed Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Gerdau S.A., a leading steel manufacturer, has been actively communicating with the U.S. Securities and Exchange Commission (SEC), filing multiple Form 6-K reports. These filings, a regulatory requirement for foreign private issuers like Gerdau, provide updates on the company’s operations and management. However, the specifics of these reports have not been publicly disclosed.
The company has also held an earnings call discussing its third-quarter performance and future operational strategies. Led by CEO Gustavo Werneck and CFO Rafael Japur, the call focused on the positive aspects of the company’s performance, though no specific financial metrics were shared.
Gerdau has also confirmed its commitment to continue filing annual reports using Form 20-F, ensuring transparency and adherence to international reporting standards.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.