Randon Reports First Quarter Results

CAXIAS DO SUL, Brazil, May 10, 2018 /PRNewswire/ -- Randon S.A – Implementos e Participações (B3 - RAPT3 and RAPT4), the controlling holding company of nine companies operating within the segments of vehicles and trailers, auto parts and financial services, reports its results for the first quarter of 2018 (1Q2018), ended March 31, 2018. 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.

HIGHLIGHTS

The main highlights of the 1Q2018 are as follows:

- Consolidated Net Revenue reached R$ 921.6 million in 1Q2018, 59.0% higher than 1Q2017 (R$ 579.7 million);
- EBITDA 1Q2018 of R$ 159.5 million, with an EBITDA margin of 17.3% and adjusted EBITDA of R$ 117.3 million in 1Q2018 with a 12.6% adjusted EBITDA margin;
- Consolidated foreign sales totaled US$ 36.8 million in the quarter, an increase of 19.0%, compared with the same quarter in 2017 (US$ 30.9 million);
- Net Profit of R$ 43.2 million in the quarter and Net Margin of 4.7%, against net profit of R$ 1.6 million in 1Q2017.

The webcasting presentation of the company will be available at:
www.choruscall.com.br/randon/1t18.htm (portuguese)
www.choruscall.com.br/randon/1q18.htm (english)

IR Contact
Esteban Mario Angeletti
(+55 54) 3239.2505
ri@randon.com.br

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SOURCE Randon S.A. Implementos e Participacoes