Ternium SA (TX) Tops Q2 EPS by 14c

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Ternium Announces Second Quarter and First Half 2016 Results

August 2, 2016 4:16 PM EDT

LUXEMBOURG -- (Marketwired) -- 08/02/16 -- Ternium S.A. (NYSE: TX) today announced its results for the second quarter and first half ended June 30, 2016.

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 Second Quarter 2016 Results

2Q 2016 1Q 2016 2Q 2015 ---------- --------------- --------------- Steel Shipments (tons) 2,608,000 2,431,000 7% 2,397,000 9% Iron Ore Shipments (tons) 811,000 834,000 -3% 873,000 -7% Net Sales (USD million) 1,862.8 1,655.5 13% 1,996.1 -7% Operating Income (USD million) 293.5 202.4 45% 103.1... More