Randon Reports Firts Quarter Results 2019

News provided by

Randon S.A.

May 09, 2019, 18:00 ET

CAXIAS DO SUL, Brasil, May 9, 2019 /PRNewswire/ -- Randon S.A – Implementos e Participações (B3 - RAPT3 and RAPT4), the controlling holding company of ten companies operating within the segments of vehicles and trailers, auto parts and financial services, reports its results for the first quarter of 2019 (1Q2019), ended March 31, 2019. 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 1Q2019 are as follows:

  • 1Q2019 Consolidated Net Revenue reached R$ 1.1 billion, 23.0% higher than 1Q2018 (R$ 921.6 million);
  • 1Q2019 Consolidated EBITDA of R$ 134.3 million, with an EBITDA margin of 11.8% and adjusted EBITDA of R$ 152.8 million in 1Q2019 with a 13.3% adjusted EBITDA margin;
  • Consolidated foreign sales totaled US$ 40.4 million in the quarter, an increase of 9.8%, compared with the same quarter in 2018;
  • Net Profit of R$ 31.7 million in the quarter and Net Margin of 2.8%, against net profit of R$ 43.2 million in 1Q2018.

CONFERENCE CALL RESULTS

May 10, 2019, Friday,
11:00AM Brasília, 10:00AM New York and 3:00PM London
Dial–in from Brazil: +55 (11) 3193-1001/ 2820-4001
Dial–in from USA: +1 646 828-8246/ +1 800 492-3904
Ticker: RANDON

The webcasting presentation of the company will be available at:
http://choruscall.com.br/randon/1t19.htm (portuguese) 
http://choruscall.com.br/randon/1q19.htm (english) 

IR Contact
Esteban Mario Angeletti
(+55 54) 3239.2505
[email protected]

SOURCE Randon S.A.

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