Randon Reports First Quarter/2013 Results

CAXIAS DO SUL, Brazil, May 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 first quarter of 2013 (1Q2013) ended March 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.

• 1Q2013 Total Gross Revenue, before consolidation, is R$ 1.5 billion, an increase of 33.8% compared with 1Q2012;
• 1Q2013 Consolidated Net Revenue reached R$ 974.9  million,  up 32.7% from 1Q2012;
• 1Q2013 EBITDA was R$ 119.5 million, 84.0% up  from  1Q2012;
• R$ 39.7 million of Consolidated Net Profit in 1Q2013, with a Net Margin of 4.1%

HIGHLIGHTS

The main highlights of the quarter were:

-  EBITDA went up 84.0% in 1Q2013 compared with 1Q2012, reaching R$ 119.5 million;

- Consolidated sales to foreign market reached US$ 55.3 million during the quarter, an increase of 2.0% compared with the same quarter in 2012; 

-  Consolidated Net Income was R$ 39.7 million in the quarter, 111.2% up from 1Q2012.

Conference Call on Results

09 MAY 2013, Thursday,
11:30 AM.  Brasilia
10:30 AM.  New York 
3:30 PM.  London
+55 (11) 3127.4971 or (11) 3728-5971
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 Participacoes

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