CAXIAS DO SUL, Brazil, Aug. 8, 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 second quarter of 2013 (2Q2013) and first half of 2013 (1H13). 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.
- 1H2013 Total Gross Revenue, before consolidation, is R$ 3.2 billion, 27.5% up compared with 1H2012;
- 1H2013 Consolidated Net Revenue reached R$ 2.0 billion, 25.7% up from that in 1H2012;
- 1H2013 EBITDA was R$ 270.6 million, 106.8% up from 1H2012;
- R$ 108.6 million of Consolidated Net Profit in 1H2013, with a Net Margin of 5.3%.
HIGHLIGHTS
The main highlights of the quarter were:
- EBITDA went up 129.3% in 2Q2013 compared with 2Q2012, reaching R$ 151.0 million;
- Consolidated sales to foreign market reached US$ 62.2 million during the quarter, a decline of 12.6% when compared to the same quarter in 2012;
- Consolidated Net Income of R$ 68.9 million in 2Q13 against a loss of R$ 4.7 million in 2Q12.
Conference Call on Results
AUG 092013, Friday,
11:30 AM. Brasilia
10:30 AM. New York
3:30 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 Participacoes
