Detail akcie Commercial Metal online

Business Summary: Commercial Metals Company is engaged in offering products and technologies for the global construction sector through manufacturing network principally located in the United States and Central Europe. The Company’s solutions support construction across a variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. Its segments include North America and Europe. The North America segment provides a diverse offering of products and solutions to support the construction sector composed primarily of a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Company’s 43 scrap metal recycling facilities, primarily located in the southeast and central United States process ferrous and nonferrous scrap metals. The Europe segment is composed primarily of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland.
Financial Summary: BRIEF: For the six months ended 29 February 2024, Commercial Metals Company revenues decreased 9% to $3.85B. Net income decreased 41% to $262.1M. Revenues reflect Europe segment decrease of 44% to $419.3M, North America segment decrease of 6% to $3.12B. Net income also reflects Selling, general and administrative exp. increase of 12% to $301.8M (expense), Amort Intangibles excl Goodwill in SGA increase of 70% to $5.1M (expense).