Ternium S.A. Files 6-K Report

TL;DR

Ternium S.A. (TX) filed a 6-K with SEC on 7/30, reporting as of 6/30. Standard foreign issuer update.

AI Summary

Ternium S.A. filed a Form 6-K on July 30, 2024, reporting information as of June 30, 2024. The filing is a report of a foreign private issuer and is being furnished to the SEC pursuant to Rule 13a-16. The company's principal executive offices are located in Luxembourg.

Why It Matters

This filing provides updated information to the SEC regarding Ternium S.A.'s status as a foreign private issuer, which is important for investors tracking the company's regulatory compliance and disclosures.

Risk Assessment

Risk Level: low — This filing is a routine report of a foreign private issuer and does not contain significant new financial or operational information that would typically increase risk.

Key Players & Entities

• Ternium S.A. (company) — Filer
• 20240730 (date) — Filing Date
• 20240630 (date) — Period of Report
• Luxembourg (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $1.9 BILLION — SH POSITION DIVIDEND PAID LOSS PER ADS $1.9 BILLION $ 432 MILLION $ (3.71) 1 Summar
• $545 million — hts Ternium's Adjusted EBITDA reached $545 million in the period on Adjusted EBITDA Margin
• $783 million — ecorded in the second quarter of 2024 a $783 million provision for ongoing litigation relate
• $743 million — rter of 2024, Ternium had a net loss of $743 million. Net of the aforementioned provision, A
• $40 m — ed Net Income in the second quarter was $40 million, including a deferred tax loss fo
• $183 million — ng a deferred tax loss for an amount of $183 million. 2 In May 2024, Ternium paid a divi
• $432 million — In May 2024, Ternium paid a dividend of $432 million to the company's shareholders, correspo
• $409 million — expenditures in the period amounted to $409 million as Ternium progressed with its expansio
• $1.9 b — position as of the end of June 2024 was $1.9 billion, a slight decrease compared to ne
• $2.0 billion — crease compared to net cash position of $2.0 billion as of the end of March. Strong cash pro
• $656 million — ash provided by operating activities of $656 million and a $160 million increase in the fair
• $160 million — rating activities of $656 million and a $160 million increase in the fair value of financial
• $1.1 billion — is, the consolidation of Usiminas added $1.1 billion to steel segment net sales and 1.0 mill
• $161 million — cts shipments in the second quarter and $161 million to net sales of mining products. 7
• $49 m — foreign exchange results were a loss of $49 million, mainly reflecting the negative e

Filing Documents

• prternium2q2024.htm (6-K) — 728KB
• arrow_downa.jpg (GRAPHIC) — 12KB
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• chart-00fca695ad424f52bcba.jpg (GRAPHIC) — 33KB
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• chart-1d8a3cf1bb71407b9dba.jpg (GRAPHIC) — 21KB
• chart-22f16c527fb34937ad4a.jpg (GRAPHIC) — 29KB
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• chart-4531fbf837054c84b12a.jpg (GRAPHIC) — 33KB
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• chart-50320370bc82420c9c7a.jpg (GRAPHIC) — 36KB
• chart-570feada706d468d9f1a.jpg (GRAPHIC) — 32KB
• chart-63fe6d84e3f649df892a.jpg (GRAPHIC) — 28KB
• chart-6cb0c04b106e4ccdad7a.jpg (GRAPHIC) — 29KB
• chart-7da17a491979499faa8a.jpg (GRAPHIC) — 28KB
• chart-c9e8db7a4dc046b2919a.jpg (GRAPHIC) — 40KB
• chart-d9ddcb64f28d4b639ada.jpg (GRAPHIC) — 52KB
• chart-e4a180043f6e4c8aad5a.jpg (GRAPHIC) — 29KB
• chart-f76b49b8e4e64f308a1a.jpg (GRAPHIC) — 31KB
• similar_icona.jpg (GRAPHIC) — 32KB
• tx_isoa.jpg (GRAPHIC) — 40KB
• tx_logoa.jpg (GRAPHIC) — 64KB
• 0001342874-24-000038.txt ( ) — 1633KB

Forward Looking Statements

Forward Looking Statements Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products, and other factors beyond Ternium's control. About Ternium Ternium is a leading steel producer in the Americas, providing advanced steel products to a wide range of manufacturing industries and the construction sector. We invest in low carbon emissions steelmaking technologies to support the energy transition and the mobility of the future. We also support the development of our communities, especially through educational programs in Latin America. More information about Ternium is available at www.ternium.com. 13 Income Statement $ MILLION 2Q24 1Q24 2Q23 1H24 1H23 Net sales 4,514 4,778 3,871 9,292 7,495 Cost of sales (3,758) (3,675) (2,839) (7,432) (5,820) Gross profit 757 1,104 1,032 1,860 1,674 Selling, general and administrative expenses (435) (431) (304) (866) (597) Other operating income 49 2 4 51 12 Operating income 371 675 732 1,045 1,089 Financial expense (45) (45) (18) (90) (34) Financial income 73 83 42 156 83 Other financial (expense) income, net (67) (200) (42) (267) (60) Equity in earnings of non-consolidated companies 15 20 27 34 62 Provision for ongoing litigation related to the acquisition of a participation in Usiminas (783) — — (783) — Profit (Loss) before income tax results (436) 532 741 96 1,141 Income tax (expense) credit (307) (40) (5) (347) 74 Profit (Loss) for the period (743) 491 736 (252) 1,215 Attributable to

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View this 6-K filing on SEC EDGAR