Consolidated Net Revenue – February 2012
Please be informed that the consolidated net revenue of Randon S.A. Implementos e Participações reached, in February 2012, R$ 257.9 million, a decrease of 19.1% as compared to February 2011. In the period January-February 2012, Consolidated Net Revenue totaled R$ 404.1 million, a decrease of 30.3% as compared with the result achieved in the same period last year.
Total Gross Revenue (without eliminations and including taxes) reached R$ 400.0 million in February 2012, 18.1% down from that reached in February 2011. In the period January-February 2012, Gross Revenue totaled R$ 619.5 billion, a decrease of 30.9% when compared with the same period in the prior year.
The performance in the period was impacted by the effects, already expected, caused by the implementation of the new Emission Standards for new engines in commercial vehicles (EURO V) , which has resulted in a drop in the production of trucks and buses.
The company is also in the process of stabilization of the new ERP system, which is in a good activity level, with small impacts on operations.
Caxias do Sul, March 20, 2012.
Astor Milton Schmitt
Investor Relations Director