March 12, 2014, CAXIAS DO SUL,
Brazil /PRNewswire/
-- Fras-le S.A., listed on the Sao Paulo Stock Exchange
(BM&FBovespa) under ticker symbols FRAS3 and FRAS4, a Randon
group company that is Latin
America's largest and one of the world's leading
manufacturers of friction materials, announces its results for the
year of 2013. Except where stated otherwise, the operating and
financial information is presented on a consolidated basis and the
amounts are expressed in Brazilian reais, in accordance with the
International Financial Reporting Standards (IFRS) Issued by the
International Accounting Standards Board (IASB) and the accounting
practices adopted in Brazil.
Comparisons are with the year of 2012 and 2011 .
2013 RESULTS HIGHLIGHTS
Total gross revenue before consolidation: R$ 981.0 million, 8.2% higher on 2012 and 30.6%
more than in 2011;
Consolidated net revenue: R$ 717.3
million, 8.2% higher on 2012 and 31.5% higher than in
2011;
Net revenue from the domestic market: R$
398.1 million, 10.2% higher than 2012 and 34.6% up on
2011;
Net revenue from the export market: R$
319.2 million, 5.8% higher on 2012 and 27.7% increase over
2011;
Fras-le Brazil Exports (FOB): US$ 93.6
million, 6.9% less than on 2012 and 18.9% under
2011;
Sales in foreign markets (exports and units abroad):
US$ 147.5 million, 5.3% less than
2012 and 2.4% under 2011;
EBITDA: R$ 104.5 million, 21.7%
higher on 2012 and 62.9% more than in 2011;
Consolidated gross profit: R$ 195.2
million, 16.0% improvement over 2012 and 40.5% more than
2011;
Consolidated net income: R$ 40,1
million, 60,1% increase over 2012 and 9,4% less than
in 2011.
2013 Results Conference Call
Portuguese
March 12, 2013, 14:00 a.m. (Brasilia)
(55 11) 2188 0155
Code: Fras-le
The Company's conference call presentation and webcast are
available at: www.fras-le.com
IR Contact
+ 55 (54) 3289.1517
ri@fras-le.com
Daniel Raul
Randon
Executive Officer
Anderson Pepato
Manager
Vinicius Bossardi Borges / Jorge Roberto
Gomes
IR Team
SOURCE Fras-le S.A.