Vale - Companhia Vale do Rio Doce reverses losses and registers BRL 6.3bn 1Q 2016
Vale - Companhia Vale do Rio Doce reverte prejuízo e tem lucro de BRL 6,3bi no 1º trimestre de 2016
Intel ID : 236046
Synopsis |
Vale - Companhia Vale do Rio Doce (BVMF:VALE3, VALE5; NYSE:VALE; HKG:6210), a Brazilian mining company, registered a profit of BRL 6.3bn in the first quarter of 2016, compared with BRL 9.35bn in losses registered in the same period last year, as reported by the company on 28 April 2016. Another highlight was the cash flow generation, which was USD 2bn, a 44% increase compared with the fourth quarter 2015. "The first quarter was auspicious, regarding the most interesting aspect, cash flow generation. We had an excellent performance. Even in a seasonally weaker quarter in terms of sales, we registered these figures through production records", said Luciano Siani Pires, the company's Chief Officer of Finance and Investors Relations.
(content in portuguese)
A Vale - Companhia Vale do Rio Doce (BVMF:VALE3, VALE5; NYSE:VALE; HKG:6210), empresa mineradora brasileira, registrou lucro de BRL 6,3bi no 1º trimestre de 2016 revertendo os BRL 9,35bi de prejuízos registrados no mesmo período de 2015, segundo publicou a empresa em comunicado no dia 28 de abril de 2016. Outro destaque foi a geração de caixa, que fechou em USD 2bi, acréscimo de 44% em relação ao quarto trimestre de 2015. “O primeiro trimestre foi auspicioso. Na medida em que mais interessa, a geração de caixa, tivemos um excelente desempenho. Mesmo em um trimestre sazonalmente mais fraco em termos de vendas, conseguimos esse resultado através de recordes de produção”, afirma o Diretor-Executivo de Finanças e Relações com Investidores, Luciano Siani Pires. |
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Brazilian Real (BRL)
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Financial Data - Vale
(31 Dec 2024) |
Revenue: EUR 32.159,64m EBITDA: EUR 11.482,59m Net Debt: EUR 11.602,64m Exchange Rate: ![]() |
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55.05.04 Iron & Steel Mining & Refining 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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20.02.01 Coal & Lignite Production 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels 55.05.08 Specialty Metals & Minerals 55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources |
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