Le Lézard
Classified in: Transportation, Business
Subjects: ERN, CCA

Fras-le reports results for 3Q and 9M 2019


CAXIAS DO SUL, Brazil, Nov. 13, 2019 /PRNewswire/ -- Fras-le S.A. (B3: FRAS3), a member of the Randon Companies, the largest manufacturer of friction materials in Latin America and a leader worldwide, announced its results for the third quarter and nine months ended 2019. The Company's financial information is consolidated in accordance with International Financial Reporting Standards ? IFRS.

KEY RESULTS ? 3Q19 | 9M19
(Percentages indicate variations with the same periods of 2018 ? amounts in millions of reais)

Consolidated net income: 

3Q19: R$ 333.1 (+27.8%) | 9M19: R$ 994.7 (+25.9%)


Net revenues in the domestic market: 

3Q19: R$ 173.6 (+24.5%) | 9M19: R$ 506.6 (+33.6%)


Net revenues in the international market: 

3Q19: R$ 159.5 (+31.5%) | 9M19: R$ 488.0 (+18.8%)


Billing External Market (Exports + Foreign Operations):

3Q19: US$ 40.4 (+30.0%) | 9M19: US$ 125.8 (+9.0%)


Consolidated gross income: 

3Q19: R$ 83.6 (+7.8%) | 9M19: R$ 246.6 (+14.5%)


Operating Income: 

3Q19: R$ 27.4 (1.9%) | 9M19: R$ 69.6 (-41.9%)


EBITDA: 

3Q19: R$ 43.1 (14.0%) | 9M19: R$ 114.1 (-24.9%)


Consolidated net income: 

3Q19: R$ 12.0 (29.9%) | 9M19: R$ 37.4 (-47.2%)

 

RESULTS CONFERENCE CALL 
(In Portuguese, with simultaneous translation to English) 
11/13/2019 (Wednesday);
11:00 a.m. Brasília | 9:00 a.m. New York | 2:00 p.m. London;

Dial-in with connections in Brazil: +55 11 2820 4080 | +55 11 3193 1080 | Password: Fras-le;
Dial-in with connections in the USA: 1 800 492-3904 (Toll free) | +1 646 291-8936 (New York)
Password: Fras-le;

WEBCAST
Portuguese: http://choruscall.com.br/fras-le/3t19.htm
English: http://choruscall.com.br/fras-le/3q19.htm

IR Contact
E-mail: ri@fras-le.com
Site: http://ri.fras-le.com.br

Hemerson Fernando de Souza
Telephone: +55 54 3239.1519

Roberto Pezzi
Telephone: +55 54 3239.1532

SOURCE Fras-le S.A.


These press releases may also interest you

4 jui 2020
Today, drivers from several American Trucking Associations member companies were guests of President Trump as part of the White House's "Salute to America" Independence Day celebration....

4 jui 2020
Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) is celebrating the 2020 International Day of Cooperatives on July 4 through a retrospective of its successful partnership achievements with top global industry partners over the...

4 jui 2020
Compare-autoinsurance.org has released a new guide that explains the main advantages of comparing car insurance quotes online. For more info and free car insurance quotes online, visit...

3 jui 2020
It can be very confusing to understand truck insurance requirements. New and existing truck drivers ? and owners ? don't have the time to dig into technical insurance terms. Saberlines Insurance prepared this Quick Reference, which includes detailed...

3 jui 2020
To coincide with the 20th anniversary of the blockbuster movie, Gone in 60 Seconds, Eaglemoss Die-Cast Club is delighted to announce the upcoming launch of a subscription program to build a high-quality die-cast metal 1:8 scale model of the "star...

3 jui 2020
A healthy waterway is essential for the well-being of fish who live there. Fish health is threatened when high concentrations of metals that don't break down remain in the environment, threatening the marine food web. Today, the Government of Canada...



News published on 13 november 2019 at 07:28 and distributed by: