Usiminas profit jumped 236% year-on-year to R$ 428.2 million in 2Q26, but fell 52% sequentially. EBITDA beat expectations. Outlook stays cautious.
Brazil · Industry
Key Facts
Net profit — R$ 428.2 million (about US$84 million) in 2Q26, up 236% year-on-year.
Sequential drop — Profit fell 52% from R$ 896.2 million in 1Q26.
core earnings strength — Adjusted core earnings hit R$ 761.3 million, up 17% quarter-on-quarter.
Usiminas tem lucro de R$ 428 milhões no 2º trimestre, alta anual de 236%
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