Metalúrgica Riosulense (RSUL4) Q4 2024 earnings summary

Executive summary

• Net revenue reached R$ 380,752 thousand in 2024, up 11.52% year-over-year, driven by growth in both domestic and export markets.

• Net income totaled R$ 58,732 thousand, a 8.5% increase from 2023, with a net margin of 15.43%.

• EBITDA was R$ 91,484 thousand, down 1.74% year-over-year, reflecting higher operating expenses.

• Investments of R$ 22,297 thousand were made in machinery, equipment, and software to expand production capacity.

• Workforce increased to 875 employees at year-end 2024.

Financial highlights

• Domestic sales grew 11.81% and export sales 8.72% compared to 2023.

• Gross profit reached R$ 158,120 thousand, up from R$ 147,229 thousand in 2023.

• Operating expenses rose 20.86% to R$ 73,191 thousand, absorbing 19.22% of net revenue.

• Cost of goods sold increased to R$ 222,632 thousand, representing 58.47% of net revenue.

• Net financial result improved to R$ 1,641 thousand positive, reversing a R$ 4,085 thousand loss in 2023.

Outlook and guidance

• Strategic investments in production and energy infrastructure aim to boost future revenue and market share.

• R$ 34 million budgeted for 2025 investments in modernization and productivity gains.