Companhia Siderúrgica Nacional (SID) has released an update.
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Companhia Siderúrgica Nacional (CSN) has updated its financial projections, announcing an increase in its leverage expectation to 2.50x Net Debt/Adjusted EBITDA for the end of 2024, while still focusing on reducing leverage in future years. The company cautions that these projections are estimates subject to market variables beyond its control and should not be seen as a guarantee of performance. The updated projections will be accessible on both the CVM and CSN’s websites.
For further insights into SID stock, check out TipRanks’ Stock Analysis page.