TX
TX
TX What Ternium S.A. promised, and what happened
Guidance
What management said, and what became of it
16 of 22 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA margin — normalized goal, low end (FY26 target) | ~15% (low end of a 15%-20% normalized range) by end of FY26 | Dec 2025 | Adjusted EBITDA was 50% higher sequentially, and our EBITDA margin reached 16.5%. | Achieved |
| Emissions intensity reduction target (hot-rolled steel, GHG Protocol) | 15% reduction in emissions intensity by 2030, vs. 2023 baseline | Sep 2024 | is the revision of our 2030 decarbonization target, which now includes Usiminas and uses 2024 as a new base year. We are committed to reducing emissions intensity per ton of hot-rolled steel by 50% covering Scope 1, 2 and 3 under GHG protocol methodology. | Revised Up |
| FY25 dividend — remaining balance payment timing | Pay remaining balance of a proposed $2.70/ADS total (of which $0.90 already paid as Nov interim) in ~May 2026 | Dec 2025 | During the quarter, we also paid a dividend to shareholders of $255 million, corresponding to the balance of the total dividend declared for the fiscal year 2025. | Pending |
The full ledger
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The rest of the ledger
Pro opens all 34 tracked commitments for Ternium S.A.
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.