Announcement to the Market
Please be informed that the consolidated net revenue of Randon S.A. Implementos e Participações reached, in July 2016, R$ 209.1 million, a decrease of 26.1% as compared to that achieved in July 2015.
In the period January-July 2016, Consolidated Net Revenue totaled R$ 1.640 billion, a decrease of 4.3% as compared with the result achieved in the same period last year.
Total Gross Revenue (without eliminations and including taxes) reached R$ 293.9 million in July 2016, 23.1% down from that reached in July 2015. In the period January-July 2016, Gross Revenue totaled R$ 2.299 billion, a decrease of 3.9% when compared with the same period in the prior year.
Caxias do Sul, August 22, 2016.
Geraldo Santa Catharina
Investor Relations Director