Randon Implementos e Participacoes : PRESS RELEASE - JANUARY 2018
February 20, 2018 at 07:16 am EST
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PRESS RELEASE
In order to maintain a relationship of transparency with its investors and the market in general, Randon S.A. Implementos e Participações announces its net revenue and gross revenue on a monthly basis. The information for the month of January 2018 is presented below.
The consolidated net revenue of Randon S.A. Implementos e
Participações reached, in January 2018, R$ 275.6 million, an increase of 74.4% as compared to that achieved in January 2017.
Total Gross Revenue (without eliminations and including taxes)
reached R$ 382.2 million in January 2018, 70.0% up from that reached in January 2017.
Caxias do Sul, February 20, 2018.
Geraldo Santa Catharina
Investor Relations Director
Randon SA Implementos e Participações published this content on 20 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 February 2018 12:15:07 UTC.
Randon SA Implementos e Participacoes, formerly Randon Participacoes SA, is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The Company's activities are divided into three business segments: Railway wagons and vehicles, which focuses on the production and distribution of various wagon types, such as hopper, gondola, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers; Automotive parts, which is responsible for the manufacture and marketing of automobile components for suspension, brake and transmission system, among others, and Services, which provides services related to the administration of consortium groups for the purchase of durable goods, as well as financing services for the Company's customers. It operates a distribution network in Latin America and Africa. The Company is a subsidiary of Dramd Partiicipacoes e Administracao Ltda.