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Vale reports a net income of US$ 1.39 billion in Q1

vale-reports-a-net-income-of-us$-1.39-billion-in-q1

Vale reports a net income of US$ 1.39 billion in Q1

Logo da Vale (REUTERS/Washington Alves)

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Logo da Vale (REUTERS/Washington Alves)

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Vale reported its Q1 2025 results on Thursday (24), after the market closed. The mining company had a net income of US$ 1.394 billion (attributable to shareholders) in the first quarter of 2025, a 17% decrease compared to a year earlier, when the profit was US$ 1.679 billion.

The net sales revenue in Q1 2025 was US$ 8.119 billion, a 4% decline compared to the same period in 2024. The adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at US$ 3.115 billion in the same period, a 9% decrease year-over-year.

Analysts surveyed by LSEG expected a profit of US$ 1.588 billion in Q1 2025, reversing a loss of US$ 694 million in Q4 2024 and slightly below the US$ 1.679 billion in Q1 2024 (a 5.4% decline). Expectations were for a revenue of US$ 8.03 billion in the first three months of the year, also a 5% decrease year-over-year.

The post Vale reports a net income of US$ 1.39 billion in Q1 appeared first on InfoMoney.

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