Randon (RAPT4 And RAPT3) Reports Its 2010 First Quarter Results

CAXIAS DO SUL, Brazil, May 10 /PRNewswire-FirstCall/ -- Randon S.A. – Implementos e Participacoes (BM&FBovespa: RAPT3; RAPT4), the controlling holding company of eight companies operating within the segments of vehicles and trailers/semi-trailers, as well as auto parts and services, reports its results for first quarter of 2010 (1Q2010). The financial and operating information of the Company, except when otherwise stated, are consolidated and the monetary values are denominated in Reais.

• 1Q2010 Total Gross Revenue, before consolidation, is R$ 1.18 billion, an increase of 44.4% compared with 1Q09;
• 1Q2010 Consolidated Net Revenue reached R$ 782.7 million, a rise of 45.7% as compared to 1Q09;
• 1Q2010 EBITDA was R$ 115.0 million, 75.5% up from 1Q2009;
• R$ 40.4 million of Consolidated Net Profit in 1Q2010, with a Net Margin of 5.2%;

HIGHLIGHTS

The main highlights of the quarter were:

- EBITDA has grown by 75.5% in 1Q2010 compared with 1Q09, reaching R$ 115.0 million;

- Consolidated sales to foreign market reached US$ 49.6 million, an increase of 42.0% compared with 1Q09;

- Consolidated Net Income was R$ 40.4 million, 50.8% up from 1Q09.

Apimec Sul Meeting

Tuesday, May 11, 2010, 08:30 a.m.

Deville Hotel

Av. dos Estados, 1.909

Porto Alegre - RS

Conference Call on Results

Tuesday, May 11, 2010

11:30 a.m. Brasilia

10:30 a.m. New York

2:30 p.m. London

+55 (11) 4688-6361

Ticker: RANDON

The Company's presentation and audio webcast will be available at www.randon.com.br/ir

Simultaneous Translation into English

+ 1 888-700-0802 – for calls from  NY

+ 1 786-924-6977 – for calls from other countries

+55 11 4688.6361 – for calls from SP

SOURCE Randon S.A. - Implementos e Participacoes