Fras-le Announces its Results for 4Q19 | 2019

News provided by

Fras-le S.A.

Mar 04, 2020, 08:32 ET

CAXIAS DO SUL, Brazil, March 4, 2020 /PRNewswire/ -- Fras-le S.A. (B3: FRAS3), which is one of the members of Empresas Randon, and is widely recognized as the largest manufacturer of friction materials in Latin America and a world leader, has announced its results for 2019 and the 4th Quarter of 2019. The Company's financial information is consolidated in accordance with International Financial Reporting Standards (IFRS).

KEY RESULTS – 4Q19 | 2019
(Percentages indicate variations over respective periods of 2018– in millions)

Consolidated net revenues:

4Q19: R$ 370.8 (+5.6%) | 2019: R$ 1365.5 (+19.7%)

Net revenues in national market:

4Q19: R$ 168.6 (-0.4%) | 2019: R$ 675.3 (+23.1%)

Net revenues in external market:

4Q19: R$ 202.2 (+11.2%) | 2019: R$ 690.2 (+16.5%)

External market billing (Exports + operations abroad):

4Q19: US$ 49.1 (+3.1%) | 2019: US$ 174.9 (+7.3%)

Consolidated gross profit:

4Q19: R$ 103.1 (+16.7%) | 2019: R$ 349.7 (+15.2%)

Operating profit:

4Q19: R$ 37.0 (+86.0%) | 2019: R$ 106.7 (-23.7%)

EBITDA:

4Q19: R$ 61.1 (+91.3%) | 2019: R$ 175.2 (-4.7%)

Consolidated net Profit/Loss:

4Q19: R$ -4.6 (-126.4%) | 2019: R$ 32.8 (-63.0%)

AUDIOCONFERENCE ON RESULTS
(In Portuguese, with simultaneous translation into English) 
March 4, 2020 (Wednesday);
2:00 p.m. Brasilia | 12:00 p.m. New York | 5:00 p.m. London;

Dial-in connections in Brazil: +55 11 2820 4080 | +55 11 3193 1080 | Password: Fras-le;
Dial-in connections in the U.S.: +1 800 492-5743 (Toll free) | +1 646 291-8936 (New York)
Password: Fras-le;

WEBCASTING
Portuguese: http://choruscall.com.br/fras-le/4t19.htm 
English:  http://choruscall.com.br/fras-le/4q19.htm

Investor Relations Contact
E-mail: [email protected] 
Site: http://ri.fras-le.com.br

Hemerson Fernando de Souza
Phone: +55 54 3239.1519

Roberto Pezzi
Phone: +55 54 3239.1532

SOURCE Fras-le S.A.

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