NYSE:TXMetals and Mining
Can Ternium's (TX) Margin Discipline Offset Weak Market Demand Longer Term?
Ternium recently reported quarterly adjusted earnings of US$0.10 per share and an 11.7% revenue drop to US$3.96 billion, both missing analyst expectations, alongside guidance for a slight adjusted EBITDA decline in the next quarter due to seasonal shipment decreases.
While management aims to maintain EBITDA margins through cost reductions and operational efficiencies despite lower revenues in Mexico and Argentina, the cautious outlook highlights ongoing challenges for the company's core...