CAXIAS DO SUL, Brazil, Feb. 28,
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 fourth quarter of 2012
(4Q2012) and for the 2012 fiscal period ended Dec 31, 2012. 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.
- 2012 Total Gross Revenue, before consolidation, was
R$ 5.3 billion, a decline of 16.2% as
compared with 2011;
- 2012 Consolidated Net Revenue reached R$
3.5 billion, 15.7% down from 2011;
- 2012 EBITDA was R$ 286.6 million,
48.5% down from 2011;
- Consolidated Net Income of R$ 42.6
million in 2012, with a Net Margin of 1.2%.
HIGHLIGHTS
The main highlights of the quarter were:
- EBITDA showed a decline, in 4Q12, of 30.0% compared with
4Q2011, reaching R$ 73.5 million;
- Consolidated foreign sales reached US$
65.5 million in the quarter, a decrease of 26.0% compared
with the same quarter in 2011;
- Consolidated Net Income of R$
15.6 million in the quarter, 69.0% down from 4Q2011.
Conference Call on Results
01 MAR 2013, Friday,
11:30 AM. Brasilia
09:30 AM. New York
2:30 PM. London
+55 (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 Calling from NY
+ 55 11 3127.4971 Calling from SP
IR Contact:
Hemerson Fernando
de Souza
(+ 55 54) 3239.2505
ri@randon.com.br
SOURCE Randon S.A.- Implementos e Participacoes