How did Ternion Steel's revenue and expenses trend in Q4 2024?
5/8/2025 02:38pm
Ternion Steel's revenue and expenses in Q4 2024 are not available. However, we can infer trends from the available data:
1. **Revenue**: The company's revenue growth rate and net income are not provided for Q4 2024.
2. **Expenses**: The company reported a net loss of $89 million and an adjusted net loss of $28 million for Q4 2024. This indicates that the company's expenses were higher than its revenues during the quarter.
3. **Comparative Analysis**: When compared to Q4 2023, Ternion Steel's performance showed an improvement in adjusted net earnings, which was $167 million in Q4 2023, compared to $28 million in Q4 2024. This suggests that while the company faced challenges in Q4 2024, it showed resilience and improved profitability compared to the previous year's quarter.
4. **Segmental Performance**: The North American Flat-Rolled segment performed well, with a 10% EBITDA margin due to a robust commercial strategy and diverse product mix. However, the Mini Mill segment faced challenges with planned maintenance activity and ramp-related costs.