Consolidated Net Revenue – March 2012
Please be informed that the consolidated net revenue of Randon S.A. Implementos e Participações reached, in March 2012, R$ 330.7 million, a decrease of 11.7% as compared to March 2011. In the period January-March 2012, Consolidated Net Revenue totaled R$ 734.7 million, a decrease of 23.0% as compared with the result achieved in the same period last year.
Total Gross Revenue (without eliminations and including taxes) reached R$ 515.3 million in March 2012, 11.2% down from that reached in March 2011. In the period January-March 2012, Gross Revenue totaled R$ 1.135 million, a decrease of 22.4% when compared with the same period in the prior year.
The performance in the period covers the effects expected from the introduction of the new Law concerning emissions from diesel engines used in commercial vehicles (EURO V) , which has caused a decrease in sales of trucks and buses.
The company is also in the process of stabilization from the new ERP system. The level of activity remains good and impact to operations has been small.
Caxias do Sul, April 20, 2012.
Astor Milton Schmitt
Investor Relations Director