Ternium SA (TX) Misses Q3 EPS by 1c

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Ternium Announces Third Quarter and First Nine Months of 2015 Results

November 3, 2015 4:15 PM EST

LUXEMBOURG -- (Marketwired) -- 11/03/15 -- Ternium S.A. (NYSE: TX) today announced its results for the third quarter and first nine months ended September 30, 2015.

The financial and operational information contained in this press release is based on Ternium S.A.'s operational data and consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and presented in U.S. dollars (USD) and metric tons.

Summary of Third Quarter 2015 Results 3Q 2015 2Q 2015 3Q 2014(1) Steel Shipments (tons) 2,463,000 2,397,000 3% 2,335,000 5% Iron Ore Shipments (tons) 892,000 873,000 2% 1,006,000 -11% Net Sales (USD million) 1,945.4 1,996.1 -3% 2,218.3 -12% Operating Income (USD million) 140.5 103.1 36% 314.5 -55% EBITDA(2) (USD million)... More