Radar > 236046

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.

Relevant Documents

Target

Vale
Brazil

Intel ID 236046
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Vale
(31 Dec 2024)
Revenue: EUR 32.159,64m
EBITDA: EUR 11.482,59m
Net Debt: EUR 11.602,64m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.04 Iron & Steel Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Secondary Sectors (TTRSC)
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

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.