Fras-le Announces 4Q10 and 2010 Results

Mar 14, 2011, 16:30 ET from Fras-le S.A.

CAXIAS DO SUL, Brazil, March 14, 2011 /PRNewswire/ -- Fras-le S.A. (FRAS3 and FRAS4), a Randon Group company listed on the BM&FBovespa and Latin America's largest and one of the world's leading manufacturers of friction materials, announces its results for the fourth quarter of 2010 (4Q10) and the full year 2010. The Company's financial and operating information is consolidated and the monetary values are expressed in Brazilian Reais, in compliance with corporate law, except where indicated otherwise. Comparisons are to the years 2009 and 2008.

  • Total gross revenue, before consolidation: R$ 694.1 million, up 16.6% on 2009 and 17.1% on 2008;
  • Consolidated net revenue: R$ 509.5 million, up 19.0% on 2009 and 17.9% on 2008;
  • Net revenue in the domestic market: R$ 282.3 million, up 14.5% on 2009 and 11.2% on 2008;
  • Net revenue in the foreign market: R$ 227.2 million, up 25.1% on 2009 and 27.3% on 2008;
  • Fras-le Brasil exports (FOB): US$ 106.8 million, up 31.9% on 2009 and 25.2% on 2008;
  • Sales in the foreign market (exports and overseas units): US$ 129.6 million, up 40.6% on 2009 and 30.5% on 2008;
  • EBITDA: R$ 77.0 million, up 44.5% on 2009 and 14.4% on 2008;
  • Consolidated gross profit: R$ 151.1 million, up 21.5% on 2009 and 16.5% on 2008;
  • Consolidated net profit: R$ 48.4 million, up 20.7% on 2009 and 89.8% on 2008.

4Q10 and 2010 Results Conference Call

Portuguese

March 15, 2011, 2:00 p.m. (Brasília)

Phone: (55 11) 2188 0155

Code: Fras-le



The Company's presentation and the webcast of the event will be available at www.fras-le.com/ri

IR Contact

+ 55 (54) 3289.1517

ri@fras-le.com

Daniel Raul Randon

Director

Anderson Pepato

Manager

Jorge Roberto Gomes

Investor Relations



SOURCE Fras-le S.A.



RELATED LINKS

http://www.fras-le.com/ri