Brazil’s Q2 Earnings Turn Red at MRV, CSN and Americanas

Brazil · Earnings

Key Facts

MRV loss MRV&CO posted a net loss of R$626.3 million (about US$121 million) in Q2 2026, a 22.7% smaller loss than a year earlier.

Resia hit The biggest drag was a US$110 million impairment at Resia, the U.S. unit being wound down, tied to asset sales below book value.

CSN loss CSN reported a net loss of R$773 million (about US$149 million) on 12 August, with adjusted EBITDA of R$2.77 billion (about US$535 million).