Randon Implementos e Participacoes : PRESS RELEASE - NOVEMBER 2017
December 20, 2017 at 05:44 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 November 2017 is presented below.
The consolidated net revenue of Randon S.A. Implementos e
Participações reached, in November 2017, R$ 280.7 million, an increase of 36.5% as compared to that achieved in November 2016. In the period January-November 2017, Consolidated Net Revenue totaled R$ 2.655 billion, 9.5% higher than compared with the result achieved in the same period last year.
Total Gross Revenue (without eliminations and including taxes)
reached R$ 411.4 million in November 2017, 42.8% up from that reached in November 2016. In the period January-November 2017, Gross Revenue totaled R$ 3.821 billion, an increase of 12.3% when compared with the same period in the prior year.
Caxias do Sul, December 20, 2017.
Geraldo Santa Catharina
Investor Relations Director
Randon SA Implementos e Participações published this content on 20 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2017 10:44:04 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.
RANDON S.A. IMPLEMENTOS E PARTICIPAÇÕES 
