CAXIAS DO SUL, Brazil,
Aug. 7, 2013 /PRNewswire/ -- Fras-le
S.A., listed on the Sao Paulo Stock Exchange (BM&FBovespa)
under ticker symbols FRAS3 and FRAS4, a Randon group company that
is Latin America's largest and one
of the world's leading manufacturers of friction materials,
announces its results for the second quarter of 2013 (2Q13). Except
where stated otherwise, the operating and financial information is
presented on a consolidated basis and the amounts are expressed in
Brazilian reais, in accordance with the International Financial
Reporting Standards (IFRS) Issued by the International Accounting
Standards Board (IASB) and the accounting practices adopted in
Brazil. Comparisons are with the
first quarter of 2013 (1Q13) and the second quarter of 2012
(2Q12).
KEY 2Q13 RESULTS
Total gross revenue before consolidation: R$ 242.1 million, 7.0% higher on 1Q13 and 4.4%
more than in 2Q12;
Consolidated net revenue: R$ 177.4
million, 5.9% higher on 1Q13 and 4.2% higher than in
2Q12;
Net revenue from the domestic market: R$
95.6 million, 3.3% less than 1Q13 and 4.9% up on 2Q12;
Net revenue from the export market: R$
81.8 million, 19.2% higher on 1Q13 and 3.5% increase over
2Q12;
Fras-le Brazil Exports (FOB): US$ 24.0
million, 10.5% higher on 1Q13 and 14.5% less than
2Q12;
Sales in foreign markets (exports and units abroad):
US$ 39.4 million, 17.1% higher on
1Q13 and 5.5% less than 2Q12;
EBITDA: R$ 30.1 million, 39.2%
higher on 1Q13 and 11.7% more than in 2Q12;
Consolidated gross profit: R$ 47.8
million, 13.4% improvement over 1Q13 and 5.8% less than
2Q12;
Consolidated net income: R$ 12.5
million, 96.2% increase over 1Q13 and 84.8% higher than in
2Q12.
2Q13 Results Conference Call
Portuguese
August 8, 2013, 10:00 a.m. (Brasilia)
(55 11) 2188 0155
Code: Fras-le
The Company's conference call presentation and webcast are
available at:
www.fras-le.com
IR Contact
+ 55 (54) 3289.1517
ri@fras-le.com
Daniel Raul Randon
Executive Officer
Anderson Pepato
Manager
Vinicius Bossardi Borges / Jorge Roberto
Gomes
IR Team
SOURCE Fras-le S.A.