Brazil - Brazil’s largest trailer and components supplier, Randon SA of Caxias do Sul reported revenues of BRA6.0bn (USD1.54bn) in 2018, a 43.4% rise on revenues of BRA4.2bn. It reported net revenues of BRA4.3bn (USD1.1bn), an increase of 45% on the previous year of BRA2.9bn (USD770m) in 2017. This performance generated an EBITDA of BRA559.8m (USD144.5m), 81.6% up from that of BRA308.2m in 2017 and an EBITDA margin of 13.1% (10.5% in 2017). It recorded strong net profit of BRA151.7m (USD40m), an increase of some 225% on the previous year’s net profit of BRA46.7m (USD12m) boosting net profit margin to 3.6% from 1.6%.

The Auto Parts division of Randon (made up of the following brands  Suspensys; Fras-le; Master Sistemas Automotivos Ltda; JOST Brasil Sistemas Automotivos Ltda and Castertech Fundição e Tecnologia Ltda) accounted for 50.8% of consolidated net revenue (BRA2.2bn / USD575m), while the Equipment division (which includes trailers, semi-trailers, special vehicles and railcars) accounted for 45.3% (BRA1.9bn / USD495m). Semi-trailers and trailers accounted for 86.7% of the revenues of Equipment division, with 9.2% and Specialty Equipment 4.1%. Financial Services made up the remaining 3.8% in net revenues.