Elekeiroz SA reported earnings results for the full year ended December 31, 2012. For the full year, the company reported operating revenues of BRL 900 million compared to BRL 777 million a year ago. The increase in total revenue, however, was followed by a 17.0% rise in the cost of products sold, which gave rise to the generation, in the year- to-date, of a gross margin lesser than that which would allow the company to recover its usual return levels.

Annualized return on average equity was 0.1% compared to 3.1% a year ago.