Ternium S.A. announced its fourth quarter and full year 2024 results on February 18, 2025, reporting a Q4 net profit of $281 million on revenues of $3.9 billion. The Q4 revenue marked a 21.4% year-over-year decline, and the EBITDA margin dropped to 7%.
For the full year 2024, net sales were $17.6 billion, remaining flat compared to 2023. However, profit for the year significantly decreased to $173.8 million from $986.4 million in 2023, resulting in a basic and diluted earnings per share of ($0.03), down from $0.34 in the prior year.
The company cited weak commercial demand in Mexico and ongoing uncertainties surrounding tariffs and Chinese steel imports as factors expected to continue pressuring its topline in 2025. Ternium Argentina also reported a 23% year-over-year decline in shipments for 2024 and an operating loss of ARP167.8 billion in Q4 2024, including a substantial impairment charge.
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