Ternium Q2 Profit Jumps 80% to $465M, Guides Higher Q3 EBITDA
TX sits 65% above its 52-week low of $30.44 on elevated volume (2.0× avg).
Summary
Ternium delivered a strong Q2: net income surged 80% to $465M, adjusted EBITDA rose 78% to $717M, and sales climbed 10% to $4.34B. The beat was driven by improving steel markets in Mexico—where trade measures and inventory normalization lifted demand—and better sentiment in Brazil. Management guided for another sequential increase in Q3 adjusted EBITDA, citing higher shipments and better pricing that should more than offset rising costs. This is the first concrete read on the quarter and the outlook, and it lands with the stock near its 52-week high. The rosy guidance, if delivered, would mark a third straight quarter of EBITDA growth and reinforce the recovery narrative in Latin American steel.
At the time of this announcement, TX was trading at $50.34 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9.8B. The 52-week trading range was $30.44 to $51.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.