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4 months ago
Brazil's CSN to miss earnings reporting deadline
March 28, 2017 / 1:40 AM / 4 months ago

Brazil's CSN to miss earnings reporting deadline

1 Min Read

SAO PAULO, March 27 (Reuters) - Cia Siderúrgica Nacional SA, Brazil's No. 2 listed flat steelmaker, said on Monday that it would miss a regulatory deadline to file fourth-quarter results in the face of an internal reorganization plan.

CSN said in a securities filing that unaudited net revenue rose 1 percent in the fourth quarter from the previous three months. Adjusted earnings before interest, tax, depreciation and amortization - a gauge of operational profit known as EBITDA - also rose 1 percent in the period. (Reporting by Guillermo Parra-Bernal; Writing by Alonso Soto)

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