This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fras-le Announces Its Results For 2012

CAXIAS DO SUL, Brazil, Feb. 27, 2013 /PRNewswire/ -- Fras-le S.A., listed on the Sao Paulo Stock Exchange (BM&FBovespa) under ticker symbols FRAS3 and FRAS4, a Randon group company that is Latin America's largest and one of the world's leading manufacturers of friction materials, announces its results for 2012. Except where stated otherwise, the operating and financial information is presented on a consolidated basis and the amounts are expressed in Brazilian reais, in accordance with Brazilian Corporate Law. Comparisons are with 2011 and 2010.

KEY 2012 RESULTS

Total gross revenue before consolidation: R$906.8 million, 20.7% up on 2011 and 30.6% more than in 2010;  Consolidated net revenue: R$662.8 million, a 21.5% improvement over 2011 and 30.1% growth over 2010;Net revenue from the domestic market: R$361.1 million, a 22.1% increase over 2011 and 27.9% higher than in 2010;Net revenue from the foreign market: R$301.6 million, 20.7% more than in 2011 and 32.8% up on 2010;Fras-le Brasil exports (FOB): US$100.6 million, 12.9% down on 2011 and a 5.8% decrease over 2010;Sales in foreign markets (exports and units abroad): US$155.7 million, 3.0% up on 2011 and a 20.1% improvement over 2010;EBITDA: R$84.6 million, 29.7% up on 2011 and 9.9% more than in 2010;Consolidated gross profit: R$168.3 million, 21.2% more than in 2011 and an 11.4% increase over 2010;Consolidated net income: R$24.7 million, 43.8% below 2011 and 48.9% less than in 2010.

2012 Results Conference Call Portuguese February 27, 2013, 2:00 p.m. ( Brasilia)(55 11) 2188 0155Code: Fras-le

The Company's conference call presentation and webcast are available at: www.fras-le.com

IR Contact+ 55 (54) 3239.1517/1951 ri@fras-le.com

Daniel Raul RandonExecutive Officer

Anderson PepatoManager

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs