Nucor Q2 results

by Tony Taccone on July 17, 2008

in Data, Finance

Nucor announced Q2 2008 results today. EBITDA per ton was $185, up from $144 in Q1. Check it out in the Nerds of Steel earnings spreadsheet. The increase was a result of higher steel prices and the impact of the David J. Joseph acquisition in February 2008.

Nucor’s balance sheet improved markedly as a result of the recent share offering. At the end of Q2, the company had cash of $2.8 billion vs debt of $3.3 billion.

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