Gerdau SA (STU:GDUA)
€ 3.16 -0.04 (-1.25%) Market Cap: 6.52 Bil Enterprise Value: 7.37 Bil PE Ratio: 9.59 PB Ratio: 0.77 GF Score: 76/100

Q1 2019 Gerdau SA Earnings Call Transcript

May 08, 2019 / 05:00PM GMT
Release Date Price: €2.57 (+5.88%)
Operator

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

We would like to emphasize that any forward-looking statement 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 Mr. Gustavo Werneck, Director, President and CEO; and Harley Scardoelli, Executive Vice President and CFO.

Now I would like to give the floor to Mr. Gustavo Werneck. You may proceed, sir.

Gustavo Werneck Da Cunha
Gerdau S.A. - CEO

Good afternoon, everyone. As usual, I would like to begin by welcoming each one of you to Gerdau's earnings conference call to discuss the results for the first quarter 2019. Next to me is Scardoelli, our CFO and we

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