CAXIAS DO SUL, Brazil,
March 13, 2014 /PRNewswire/
-- 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, auto parts and financial services, reports
its results for the fourth quarter of 2013 (4Q2013) and for the
2013 fiscal period ended Dec 31,
2013. 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.
- 2013 Total Gross Revenue, before consolidation, was
R$ 6.6 billion, an increase of
23.7% as compared with 2012;
- 2013 Consolidated Net Revenue reached R$ 4.3 billion, 21.5% up from 2012;
- 2013 EBITDA was R$ 563.9
million, 101.3% up from 2012;
- Consolidated Net Income of R$ 235.1
million in 2013, with a Net Margin of 5.5% as compared
with R$ 42.6 million in 2012.
HIGHLIGHTS
The main highlights of the quarter were:
- EBITDA showed an increase in 4Q13 of 63.0% compared with
4Q2012, reaching R$ 117.0
million;
- Consolidated foreign sales reached US$
60.1 million in the quarter, a decrease of 8.3% compared
with the same quarter in 2012;
- Consolidated Net Income of R$ 47.8
million in the quarter and net margin of 4.4%, against
R$ 15.6 million, or 1.5% of net
revenue in 4Q12.
Conference Call
14 MAR 2014,
Friday
11:30 AM.
Brasília
10:30 AM.
New York
2:30 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
ri@randon.com.br
SOURCE Randon S.A. - Implementos e Participações