Business Context and Reporting Period
This Form 6-K filing by Ternium S.A. is dated March 23, 2016. The document serves as a press release announcing the scheduling of the Company's Annual General Meeting of Shareholders. Ternium is a leading steel producer in Latin America with an annual production capacity of approximately 11.0 million tons of finished steel products, operating facilities in Mexico, Argentina, Colombia, the southern United States, and Guatemala.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. The document references the Company's 2015 annual report, which contains consolidated financial statements for the years ended December 31, 2015, 2014, and 2013, but does not reproduce those figures within this specific filing.
Material Changes
No material changes to financial performance or operations are detailed in this filing. The primary update is the administrative scheduling of the Annual General Meeting.
Guidance, Outlook, and Corporate Actions
- Annual General Meeting: Scheduled for Wednesday, May 4, 2016, at 2:30 p.m. (Luxembourg time) at the Company's registered office in Luxembourg.
- Voting Rights: Holders of Ternium ADSs as of April 4, 2016, are entitled to instruct The Bank of New York Mellon regarding voting rights.
- Document Availability: The Notice and Agenda, Shareholder Meeting Brochure, Proxy Statement, and the 2015 Annual Report will be available on the Company's website and at its registered office starting March 30, 2016.
- Risks and Contingencies: No specific risks or contingencies are discussed in this announcement.
Key Facts for Investor Verification
- Verify the record date for voting eligibility (April 4, 2016) to ensure ADS holders can participate in the May 4, 2016 meeting.
- Access the 2015 Annual Report on the Company's website (http://www.ternium.com/irhome) to review actual financial performance data, as this filing does not contain specific numbers.
- Confirm the agenda items for the Annual General Meeting once the Notice and Proxy Statement are released on March 30, 2016.