Consolidated Net Revenue – May 2012
Please be informed that the consolidated net revenue of Randon S.A. Implementos e Participações reached, in May 2012, R$ 308.3 million, a decrease of 21.1% as compared to May 2011.
In the period January-May 2012, Consolidated Net Revenue totaled R$ 1.340 billion, a decrease of 21.5% as compared with the result achieved in the same period last year.
Total Gross Revenue (without elimination and including taxes) reached R$ 476.0 million in May 2012, 18.3% down from that reached in May 2011. In the period January-May 2012, Gross Revenue totaled R$ 2.064 billion, a decrease of 20.4% when compared with the same period in the prior year.
This performance is related to the already-expected effects of the new emission law for commercial vehicles engines (EURO V), which has caused a drop in the production of trucks and buses.
Caxias do Sul, June 20, 2012.
Astor Milton Schmitt
Investor Relations Director