CAXIAS DO SUL, Brazil, Aug. 9 /PRNewswire-FirstCall/ -- Randon S.A - Implementos e Participacoes (BM&FBovespa RAPT3 and RAPT4), the controlling holding company of eight companies operating within the segments of vehicles and trailers/semi-trailers, as well as auto parts and financial services, reports its results for the second quarter of 2010 (2Q2010) and first-half period of 2010 (1H2010) ended as of June 30, 2010. The financial and operating information of the Company, except when otherwise stated, is consolidated and the monetary values are denominated in Reais.
-- 1H2010 Total Gross Revenue, before consolidation, is R$ 2.58 billion, an increase of 48.7% compared with 1H09; -- 1H2010 Consolidated Net Revenue reached R$ 1.70 billion, a rise of 46.9% as compared to 1H2009; -- 1H2010 EBITDA was R$ 254.6 million, 76.2% up from 1H2009; -- R$ 104.1 million of Consolidated Net Profit in 1H2010, with a Net Margin of 6.1%. HIGHLIGHTS The main highlights of the quarter were: -- EBITDA has grown by 76.7% in 2Q2010 compared with 2Q09, reaching R$ 139.6 million; -- Consolidated sales to foreign market reached US$ 64.0 million, an increase of 65.5% compared with 2Q09; -- Consolidated Net Income was R$ 63.8 million, 43.4% up from 2Q09. Apimec Meeting AUGUST 10 2010, TUE, 09:00am Hotel Blue Tree Faria Lima Av. Brigadeiro Faria Lima, 3989 Vila Olimpia - Sao Paulo - SP Conference Call on Results AUGUST 10, 2010, TUE, 11:30 am. Brasilia 10:30 am. New York 3:30 pm. London +55 (11) 2188-0155 Ticker: RANDON
The Company's presentation and audio webcast will be available at http://www.randon.com.br/ir
Simultaneous Translation into English + 1 646 843 6054 - for calls from NY + 55 11 2188.0155 - for calls from SP IR Contact: Hemerson Fernando de Souza (+ 55 54) 3209.2505 ri@randon.com.br
Randon S.A. - Implementos e Participacoes
CONTACT: Hemerson Fernando de Souza of Randon, +55-54-3209-2505,
ri@randon.com.br
Web Site: http://www.randon.com.br/
