Metalúrgica Riosulense (RSUL4) Q4 2024 earnings summary

Executive summary

• Net revenue reached R$ 380.8 million in 2024, up 11.5% year-over-year, driven by both domestic and export sales increases.

• Consolidated net income was R$ 58.7 million, representing 15.4% of net revenue, a 8.5% increase from 2023.

• EBITDA totaled R$ 91.5 million, with a margin of 24.0%, slightly down 1.7% from the previous year due to higher operating expenses.

Financial highlights

• Domestic sales grew 11.8% and exports 8.7% compared to 2023.

• Cost of goods sold rose to R$ 222.6 million, 58.5% of net revenue, up from 56.9% in 2023.

• Operating expenses increased 20.9% to R$ 73.2 million, absorbing 19.2% of net revenue.

• Net financial result turned positive at R$ 1.6 million, versus a negative R$ 4.1 million in 2023.

• Investments in 2024 totaled R$ 22.3 million, mainly for machinery and equipment.

Outlook and guidance

• Strategic investments in production capacity and modernization are expected to drive future revenue growth.

• R$ 34 million budgeted for 2025 investments in machinery and productivity improvements.

• Focus remains on cost control, cash flow management, and expanding product lines in domestic and international markets.