CSN: 2Q08 Results—Iron Ore for Sale - Earnings Note - 2008/08/19 - CreditSights

Report title: CSN: 2Q08 Results—Iron Ore for Sale

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996 word report published Aug 19, 2008

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Abstract: CSN posted strong 2Q08 results behind the robust Brazilian economy. However, growth is poised to slow next year and the proceeds from potential iron ore asset sales could go towards an acquisition.

Brief Excerpt: CSN: 2Q08 Results—Iron Ore for Sale CSN's 2Q08 sales increasedáby 19% YoY to BRL3.56 billion, while adjusted EBITDA climbed 42% to BRL1.70 billion. The top-line was boosted by a 184% YoY increase in mining revenue (to BRL448...

Report Type: Earnings Note
Source: CreditSights Inc
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