Ternium SA (TX) Misses Q4 EPS by 10c

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Ternium Announces Fourth Quarter and Full Year 2016 Results

February 21, 2017 4:15 PM EST

LUXEMBOURG -- (Marketwired) -- 02/21/17 -- Ternium S.A. (NYSE: TX) today announced its results for the fourth quarter and full year period ended December 31, 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 Full Year 2016 Results FY 2016 FY 2015 --------- ------------- Steel Shipments (tons) 9,764,000 9,600,000 2% Iron Ore Shipments (tons) 3,310,000 3,636,000 -9% Net Sales (USD million) 7,224.0 7,877.4 -8% Operating Income (USD million) 1,141.7 639.3 79% EBITDA (USD million) 1,548.6 1,073.1 44% EBITDA per Ton... More