Randon Reports its 4Q2013 and 2013 Fiscal Period Results

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
[e-mail]

SOURCE Randon S.A. - Implementos e Participações

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