CSN's Potential Acquisition of InterCement Will Not Alter Its Leverage Goal, Executive States
Despite the prospective acquisition of InterCement, CSN maintains its leverage target of 2 times for this year, as affirmed by a company executive.
According to a recent announcement by an executive of Companhia Siderúrgica Nacional (CSN), the company's potential acquisition of InterCement will not impact its financial strategy for the year. CSN remains steadfast in its goal to achieve a leverage ratio of 2 times.
This declaration underscores CSN's confidence in its financial planning and stability, even as it explores significant expansion opportunities within the cement industry. The move is seen as a strategic effort to bolster its market position while adhering to disciplined financial management.
Source: UOL
