Randon Reports Its 3Q2013 And 9M2013 Results

USA - English

• Brazil - Português

CAXIAS DO SUL, Brazil, Nov. 7, 2013 /PRNewswire/ -- Randon S.A. – Implementos e Participacoes (BM&FBovespa RAPT3 and RAPT4), the controlling holding company of ten companies operating within the segments of vehicles and trailers/semi-trailers, auto parts and financial services, reports its results for the third quarter of 2013 (3Q2013) and for the nine first months of the year (9M2013). 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.

•  9M2013 Total Gross Revenue, before consolidation, was R$ 5.0 billion, an increase of 29.2% compared with 9M2012;
• 9M2013 Consolidated Net Revenue reached R$ 3.2 billion, up 26.9% from 9M2012;
• 9M2013 EBITDA was R$ 446.9 million, 114.4% up from 9M2012;
• R$ 187.2 million of Consolidated Net Profit in 9M2013, with a Net Margin of 5.9%, against R$ 27.0 million in the first 9 months of 2012.
  
  

HIGHLIGHTS

The main highlights of the quarter were:

- EBITDA has increased 122.0% in this 3rd quarter of 2013 when compared with 3Q2012, reaching R$ 176.3 million;

-  Consolidated foreign sales reached US$ 64.0 million in the quarter, a decrease of 12.7% compared with the same quarter in 2012;

-  Consolidated Net Profit of R$ 78.7 million and net margin of 6.9%, against R$ 12.9 million or 1.5% of the net revenue of 3Q12.

Conference Call on Results
NOV 08, 2013, Friday,
12:00 noon, Brasilia
9:00 AM. New York
2:00 PM. London
+55 (11) 3728.5971 or (11) 3127.4971
Ticker: RANDON

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

Simultaneous Translation to English
+ 1 516-3001066 call from NY
+ 55 11 3127.4971/3728.5971 Call from SP

IR Contact:
Hemerson Fernando de Souza
(+ 55 54) 3239.2505
[email protected]

SOURCE Randon S.A. - Implementos e Participacoes