Ternium S.A. announced its first-quarter 2025 results on April 29, 2025, reporting net sales of $3.93 billion, an 18% decrease year-over-year. Operating income plummeted by 80% to $132 million, and adjusted EBITDA fell 62% to $322 million compared to Q1 2024.
The company's net income for the quarter was $142 million, with earnings per share at $0.03. Excluding a $45 million provision adjustment charge related to the Usiminas litigation, adjusted net income was $188 million.
Ternium also updated the estimated total cost for its Pesquería expansion plan to $4.0 billion, a 16% increase from a prior estimate, with the new steel slab mill now expected to begin operations by the fourth quarter of 2026. The company's net cash position decreased to $1.3 billion, and capital expenditures for the quarter were $518 million, primarily for the Pesquería project. The outlook for Q2 2025 anticipates a sequential increase in adjusted EBITDA, but Mexico volumes are expected to remain subdued due to unresolved tariff issues.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.