CAXIAS DO SUL, Brazil, Nov. 6 /PRNewswire-FirstCall/ -- Randon S.A. - Implementos e Participacoes (Bovespa: RAPT3 and RAPT4), the holding company of eight companies operating within the segments of road equipment (trailers/semi-trailers), railroad (wagons) and specialty vehicles, as well as auto parts, automotive systems and services, reports its results for the third quarter of 2009 (3Q09) and for the nine first months of the year (9M09), ended September 30, 2009. The financial and operating information of the Company, except when otherwise stated, is consolidated and the monetary values are denominated in Reais.
-- Total Gross Revenue, before consolidation, is R$ 2.63 billion, a decrease of 24.3% as compared to 9M08;
-- Consolidated Net Revenue reached R$ 1.75 billion, a decline of 24.8% as compared to 9M08;
-- EBITDA was R$ 213.0 million, 47.4% lower than 9M08;
-- R$ 98.2 million of consolidated net profit in 9M09, with a Net Margin of 5.6%.
HIGHLIGHTS
The main highlights of the quarter were:
- EBITDA for the quarter reached R$ 68.5 million in the quarter, a decline of 57.7% compared to 3Q08;
- Consolidated sales for the foreign market reached US$ 44.6 million, representing a decline of 45.7% as compared to 3Q08;
- Consolidated Net Profit was R$ 27.0 million, 55.6% lower than 3Q08.
Conference Calls
Wednesday, November 11, 2009
11:00 am Brasilia Summer Time
8:00 am EST / 1:00 pm GMT
+55 (11) 2188 0188
Ticker: RANDON
The Company's presentation and audio webcast will be available at www.randon.com.br/ir
Simultaneous Translation into English
+1 646 843 6054 - U.S. Callers
+55 11 2188 0188 - Brazil Callers
Apimec Sul Meeting
Wednesday, November 11, 2009
6:00 pm
Plaza Sao Rafael
Av. Alberto Bins, 514
Porto Alegre - RS
IR Contact:
Hemerson Fernando de Souza
(+55 54) 3209 2505
ri@randon.com.br
Randon S.A.
