CAXIAS DO SUL, Brasil, May 9, 2019 /PRNewswire/ -- Randon S.A – Implementos e Participações (B3 - RAPT3 and RAPT4), the controlling holding company of ten companies operating within the segments of vehicles and trailers, auto parts and financial services, reports its results for the first quarter of 2019 (1Q2019), ended March 31, 2019. 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.
The main highlights of the 1Q2019 are as follows:
- 1Q2019 Consolidated Net Revenue reached R$ 1.1 billion, 23.0% higher than 1Q2018 (R$ 921.6 million);
- 1Q2019 Consolidated EBITDA of R$ 134.3 million, with an EBITDA margin of 11.8% and adjusted EBITDA of R$ 152.8 million in 1Q2019 with a 13.3% adjusted EBITDA margin;
- Consolidated foreign sales totaled US$ 40.4 million in the quarter, an increase of 9.8%, compared with the same quarter in 2018;
- Net Profit of R$ 31.7 million in the quarter and Net Margin of 2.8%, against net profit of R$ 43.2 million in 1Q2018.
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May 10, 2019, Friday,
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SOURCE Randon S.A.