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National Press Release

Randon (RAPT4 and RAPT3) Reports the 2008 Fourth Quarter and Full-Year Accumulated Results.

Published 2009-03-05 06:30
By Randon S.A - Implementos e Participacoes

CAXIAS DO SUL, Brazil, March 5 /PRNewswire-FirstCall/ -- Randon S.A - Implementos e Participacoes (Bovespa RAPT3 and RAPT4), the controlling holding of eight companies operating within the segments of road equipment (trailers/ semi-trailers), railroad (wagons) and specialty vehicles, as well as auto parts, automotive systems and services, reports its results for the fourth quarter of 2008 (4Q08) and accumulated results for the full year ended December 31, 2008. The financial and operating information of the Company, except when otherwise stated, are consolidated and the monetary values are denominated in Reais.

-- Total Gross Revenue, before consolidation, is R$ 4.6 billion, up 26.6% from 2007;

-- Consolidated Net Revenue reached R$ 3.1 billion, an increase of 20.9% as compared to 2007;

-- EBITDA of R$ 520.8 million, up 34.0% from 2007;

-- R$ 231.1 million of consolidated net profit in 2008, with Net Margin of 7.6%.

HIGHLIGHTS

The main highlights of the quarter were:

-- The Total Gross Revenue, without elimination of inter-company sales, reached R$ 1.1 billion, 14.2 up from 4Q07 and 20.3% down from the prior quarter;

-- The Consolidated Net Revenue was R$ 729.9 million, 9.1% up from 4Q07 and 16.8% down from 3Q08;

-- EBITDA for the quarter increased 23.9% as compared to 4Q07, reaching R$ 115.6 million;

-- The consolidated sales for the foreign market reached US$ 66.4 million, a growth rate of 1.7% as compared to 4Q07;

    -- Consolidated Net Profit was R$ 48.7 million, 2.1% up over 4Q07.

    CONFERENCE CALLS
    ENGLISH
    Date: March 6, 2009, Friday.
    Time: 09:00 am (US ET) / 11:00 am (Brasilia time)
    Phone: +1 (412) 858-4600
    Code: Randon

    PORTUGUESE
    Date: March 6, 2009, Friday.
    Time: 8:00 am (US ET) / 10:00 am (Brasilia time)
    Phone: +55 (11) 2188-0188
    Code: Randon

    IR Contact:
    Hemerson Fernando de Souza
    (+ 55 54) 3209.2505
    ri@randon.com.br

SOURCE Randon S.A - Implementos e Participacoes



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