Fras-le reports 4Q and full-year 2018 results

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CAXIAS DO SUL, Brazil, March 19, 2019 — Fras-le S.A. (B3 – “FRAS3”), a member of the Randon Companies, the largest manufacturer of friction materials in Latin America and a leader worldwide, announces its results for the fourth quarter and year ended 2018. The Company’s financial information is consolidated in accordance with International Financial Reporting Standards – IFRS. 

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KEY RESULTS – 4Q18 | 2018


(Percentages indicate variations with the same periods of 2017 – amounts in millions of reais)


Consolidated net income: 

2018: R$ 1141.1 (+37.0%) | 4Q18: R$ 351.3 (+58.6%)


Net revenues in the domestic market: 

2018: R$ 548.6 (+31.2%) | 4Q18: R$ 169.4 (+43.1%)


Net revenues in the international market: 

2018: R$ 592.6 (+42.9%) | 4Q18: R$ 181.9 (+76.4%)


Billing External Market (Exports + Foreign Operations):

2018: US$ 163.0 (+25.9%) | 4Q18: US$ 47.6 (+49.3%)


Consolidated gross income: 

2018: R$ 303.6 (+39.8%) | 4Q18: R$ 88.4 (+46.4%)


Operating Income: 

2018: R$ 139.8 (+114.2%) | 4Q18: R$ 19.9 (+25.8%)


EBITDA: 

2018: R$ 183.9 (+72.8%) | 4Q18: R$ 31.9 (+10.1%)


Consolidated net income: 

2018: R$ 88.6 (+38.0%) | 4Q18: R$ 17,6 (+67.9%)



CONFERENCE CALL TO DISCUSS RESULTS
(In Portuguese, with simultaneous interpretation into English)
March 19, 2019 (Tuesday)
12:00 p.m. (Brasília) | 11:00 a.m. New York | 3:00 p.m. London

Dial-in with connections in Brazil: +55 (11) 3193-1001 or +55 (11) 2820-4001 | Password: FRAS-LE;

Dial-in with connections in the USA: 1 800 492-3904 (Toll free) | +1 646 291-8936 (New York)

Password: Fras-le;

WEBCAST
Portuguese: www.choruscall.com.br/fras-le/4t18.htm

English  www.choruscall.com.br/fras-le/4q18.htm

IR Contact
E-mail: ri@fras-le.com   

Site: http://ri.fras-le.com.br

Hemerson Fernando de Souza

Telephone: +55 54 3239.1519

Roberto Pezzi

Telephone: +55 54 3239.1532

SOURCE Fras-le S.A.

Related Links

http://ri.fras-le.com.br

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