{"id":380450,"date":"2020-11-12T17:03:13","date_gmt":"2020-11-12T22:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380450"},"modified":"2020-11-12T17:03:13","modified_gmt":"2020-11-12T22:03:13","slug":"randon-reports-third-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/randon-reports-third-quarter-2020-results\/","title":{"rendered":"Randon Reports Third Quarter 2020 Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>CAXIAS DO SUL,\u00a0Brazil, <span class=\"xn-chron\">Nov. 12, 2020<\/span> \/PRNewswire\/ &#8212; Randon S.A \u2013 Implementos e Participa\u00e7\u00f5es (B3 &#8211; RAPT3 and RAPT4), which operates within the segments of vehicles and trailers, auto parts and services, reports its results for the third quarter of 2020 (3Q2020) and nine months of 2020 (9M2020), ended in <span class=\"xn-chron\">September 30, 2020<\/span>. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS \u2013 International Financial Reporting Standards and the monetary values are denominated in Reais. <\/p>\n<p>\n        <b>HIGHLIGHTS<\/b>\n      <\/p>\n<p>The main highlights of the 3Q2020 are as follows:<\/p>\n<ul type=\"disc\">\n<li>\n          <b>3Q20 Total Gross Revenue, <\/b>before consolidation, is <span class=\"xn-money\">R$ 2.1 billion<\/span>, an increase of 7.3% as compared to 3Q19 (<span class=\"xn-money\">R$ 2.0 billion<\/span>); <\/li>\n<li>\n          <b>3Q20 Consolidated Net Revenue <\/b>is <span class=\"xn-money\">R$ 1.5 billion<\/span>, 10.5% higher than the revenue achieved in 3Q19 (<span class=\"xn-money\">R$ 1.4 billion<\/span>); <\/li>\n<li>\n          <b>3Q20 Consolidated EBITDA <\/b>is <span class=\"xn-money\">R$ 270.0 million<\/span>, with EBITDA margin of 17.8% and<b> 3Q20 Adjusted EBITDA <\/b>of <span class=\"xn-money\">R$ 260.6 million<\/span>, with adjusted EBITDA margin of 17.2%. <\/li>\n<li>\n          <b>3Q20 Net Income<\/b> is <span class=\"xn-money\">R$ 116.0 million<\/span>, and net margin of 7.7%, as compared to net income of <span class=\"xn-money\">R$ 78.5 million<\/span> and net margin of 5.7% in 3Q19.<\/li>\n<\/ul>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>CONFERENCE CALL RESULTS<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>November 13, 2020, Friday, <\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>11:00AM Bras\u00edlia, 09:00AM New York and 3:00PM London<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>Dial\u2013in from Brazil: +55 (11) 3181-8565 \/ 4210-1803\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>Dial\u2013in from USA: +1 844 204-8942 \/ +1 412 717-9627<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>Ticker: RANDON<\/i><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>The webcasting presentation of the company will be available at:<br \/>ri.randon.com.br <\/p>\n<p>\n        <b>IR Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Esteban Mario Angeletti<\/span><br \/>\n        <br \/>\n        <a target=\"_blank\" href=\"mailto:ri@randon.com.br\" rel=\"nofollow noopener noreferrer\">ri@randon.com.br<\/a>\n      <\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP90235&amp;sd=2020-11-12\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/randon-reports-third-quarter-2020-results-301172166.html\">http:\/\/www.prnewswire.com\/news-releases\/randon-reports-third-quarter-2020-results-301172166.html<\/a><\/p>\n<p>SOURCE  Randon S.A. Implementos e Participa\u00e7\u00f5es<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SP90235&amp;Transmission_Id=202011121700PR_NEWS_USPR_____SP90235&amp;DateId=20201112\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CAXIAS DO SUL,\u00a0Brazil, Nov. 12, 2020 \/PRNewswire\/ &#8212; Randon S.A \u2013 Implementos e Participa\u00e7\u00f5es (B3 &#8211; RAPT3 and RAPT4), which operates within the segments of vehicles and trailers, auto parts and services, reports its results for the third quarter of 2020 (3Q2020) and nine months of 2020 (9M2020), ended in September 30, 2020. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS \u2013 International Financial Reporting Standards and the monetary values are denominated in Reais. HIGHLIGHTS The main highlights of the 3Q2020 are as follows: 3Q20 Total Gross Revenue, before consolidation, is R$ 2.1 billion, an increase of 7.3% as compared to 3Q19 (R$ 2.0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/randon-reports-third-quarter-2020-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Randon Reports Third Quarter 2020 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380450","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Randon Reports Third Quarter 2020 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/randon-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Randon Reports Third Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CAXIAS DO SUL,\u00a0Brazil, Nov. 12, 2020 \/PRNewswire\/ &#8212; Randon S.A \u2013 Implementos e Participa\u00e7\u00f5es (B3 &#8211; RAPT3 and RAPT4), which operates within the segments of vehicles and trailers, auto parts and services, reports its results for the third quarter of 2020 (3Q2020) and nine months of 2020 (9M2020), ended in September 30, 2020. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS \u2013 International Financial Reporting Standards and the monetary values are denominated in Reais. HIGHLIGHTS The main highlights of the 3Q2020 are as follows: 3Q20 Total Gross Revenue, before consolidation, is R$ 2.1 billion, an increase of 7.3% as compared to 3Q19 (R$ 2.0 &hellip; Continue reading &quot;Randon Reports Third Quarter 2020 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/randon-reports-third-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T22:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP90235&amp;sd=2020-11-12\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Randon Reports Third Quarter 2020 Results\",\"datePublished\":\"2020-11-12T22:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/\"},\"wordCount\":250,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=SP90235&amp;sd=2020-11-12\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/randon-reports-third-quarter-2020-results\\\/\",\"name\":\"Randon Reports Third Quarter 2020 Results - 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