Randon (RAPT4 and RAPT3) Discloses Its Third Quarter Results of 2010

CAXIAS DO SUL, Brazil, Nov. 8, 2010 /PRNewswire-FirstCall/ -- Randon S.A – Implementos e Participacoes (BM&FBovespa RAPT3 and RAPT4), the controlling holding company of nine companies operating within the segments of vehicles and trailers/semi-trailers, as well as auto parts and financial services, reports its results for the third quarter of 2010 (3Q2010) and the nine first months of the year (9M2010) ended as of September 30, 2010. The financial and operating information of the Company, except when otherwise stated, are consolidated and the monetary values are denominated in Reais.

• 9M2010 Total Gross Revenue, before consolidation, was R$ 4.1 billion, an increase of 55.3% compared with 9M09;
• 9M2010 Consolidated Net Revenue reached R$ 2.7 billion, a rise of 53.2% compared with 9M09;
• 9M2010 EBITDA was R$ 401.3 million, 88.4% up from 9M09;
• R$ 170.9 million of Consolidated Net profit in 9M2010, with a Net Margin of 6.4%.

HIGHLIGHTS

The main highlights of the quarter were:

• EBITDA has grown by 114.3% in 3Q2010 compared with 3Q09, reaching R$ 146.7 million;
• Consolidated sales to foreign market reached US$ 66.5 million, an increase of 49.0% compared with 3Q09;
• Consolidated Net Profit of R$ 66.8 million, 147.4% higher than 3Q09.

SOURCE Randon S.A. - Implementos e Participacoes