BIZ: Performance: Randon reports record third quarter 2020

摘要

Brazil - Trailer and truck body builder and CV components supplier, Randon Empresas S.A. (Randon Group) of Caxias do Sul, RS achieved net profits of BRA116m in the third quarter 2020, which corresponds to a 47.7% increase compared with the same period in 2019. Claiming to be the best ever quarter in the history of the company, net revenue totalled BRA1.5bn (USD280m), an increase of 10.5% on the same quarter last year, while EBITDA (earnings before taxes, financial expenses and depreciation of assets) totalled BRA270m (USD50m), an increase of 40.5% and also a new record.