Vale reports Q1 results

  • Vale press release (NYSE:VALE): Q1 Adjusted EBITDA of $3.12B
  • Revenue of $8.12B (-4.0% Y/Y) misses by $40M.
  • Sales performance improved across all business segments. Iron ore sales increased by 4% (2.3 Mt) y/y, while copper and nickel sales increase by 7% (5.1 kt) and 18% (5.8 kt), respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *