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Article: Ternium Announces First Quarter 2006 Results.(Company overview)
- Article from:
- Business Wire
- Article date:
- April 28, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LUXEMBOURG -- Ternium S.A. (NYSE:TX) announced today its results for the quarter ended March 31, 2006.
The financial and operational information contained in this press release is based on consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and presented in U.S. dollars.
Summary of 2006 First Quarter Results
--Net sales of US$1.5 billion.
--Operating income of US$392.5 million, or 26% of net sales.
--EBITDA(a) of US$500.5 million, or 33% of net sales.
--Net income of US$194.5 million.