Steel Dynamics (STLD) Tops Q4 EPS by 7c
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Steel Dynamics Reports Fourth Quarter and Annual 2019 Results
January 22, 2020 6:00 PM ESTFORT WAYNE, Ind., Jan. 22, 2020 /PRNewswire/ --
Annual 2019 Performance:
Record steel shipments of 10.8 million tons and record steel fabrication shipments of 644,000 tons Net sales of $10.5 billion, the company's second-best performance Operating income of $987 million and net income of $671 million, the company's third-best performance Cash flow from operations of $1.4 billion and EBITDA of $1.3 billion, the company's second-best and third-best performances, respectively Achieved Investment grade credit rating designation, and successfully executed inaugural notes offeringSteel Dynamics, Inc. (NASDAQ/GS: STLD) today announced fourth quarter... More
