Randon Reports First Quarter 2022 Results

USA - English

• Brazil - Português

CAXIAS DO SUL, Brazil, May 12, 2022 /PRNewswire/ -- Randon S.A – Implementos e Participações (B3 - RAPT3 and RAPT4), reports its results for the first quarter of 2022 (1Q22), ended in 03/31/2022. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS – International Financial Reporting Standards and the monetary values are denominated in Reais.

HIGHLIGHTS

The main highlights of the 1Q22 are as follows:

• Consolidated Net Revenue amounted to R$ 2.5 billion in 1Q22, 29.5% up from 1Q21.
• International market revenues amounted to US$ 99.9 million in 1Q22, 48.2% up from the same period in 2021.
• Consolidated EBITDA reached R$ 401.4 million in 1Q22, 15.0% up from 1Q21, with a consolidated EBITDA margin of 16.2%.
• Net Profit amounted to R$ 130.1 million, with net margin of 5.3% in 1Q22.

VIDEO CONFERENCE CALL RESULTS

SOURCE Randon S.A.