{"id":451077,"date":"2021-03-04T12:26:07","date_gmt":"2021-03-04T17:26:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451077"},"modified":"2021-03-04T12:26:07","modified_gmt":"2021-03-04T17:26:07","slug":"fras-le-announces-its-4q20-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fras-le-announces-its-4q20-results\/","title":{"rendered":"Fras-le announces its 4Q20 results"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

CAXIAS DO SUL, Brazil<\/span>, 4 March 2021<\/span> \/PRNewswire\/ —\u00a0Fras-le S.A. (B3 \u2013 “FRAS3”), the largest manufacturer of friction materials in Latin America<\/span> and a global leader, announces its results for 2020 and the fourth quarter of 2020. The company’s financial information is consolidated in accordance with IFRS (International Financial Reporting Standards<\/i>) regulations.\u00a0<\/p>\n

\n MAIN RESULTS \u2013 4Q | 2020
(Percentages indicate variations in the respective periods of 4Q20 and 2020 \u2013 values in MM)<\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Consolidated net revenue<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 595.3 (+60.5%) | 2020: R$ 1670.8 (+22.4%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Net revenue on the international market<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 391.0 (+131.8%) | 2020: R$ 920.2 (+36.3%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Net revenue on the foreign market<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 204.3 (+1.1%) | 2020: R$ 750.5 (+8.7%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Foreign Market Turnover (Exports + foreign operations):<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: US$ 37.9 (-22.9%) | 2020: US$ 145.8 (-16.6%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Consolidated gross profit<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 175.8 (+70.6%) | 2020: R$ 479.9 (+37.2%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Operating Profit<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 129.5 (+249.5%) | 2020: R$ 240.0 (+125.0%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n EBITDA<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 156.6 (+156.3%) | 2020: R$ 330.9 (+88.8%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Consolidated net profit<\/b>: <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n 4Q20: R$ 128.4 (+2865.2%) | 2020: R$ 182.0 (+454.9%) <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n RESULTS CONFERENCE CALL
<\/b>(In Portuguese with simultaneous interpretation into English)\u00a0
04\/03\/2020<\/span> (Thursday);
11:00 Brasilia<\/span> | 09:00 New York| 14:00 London<\/span>;
Dial-in with connections in Brazil<\/span>: +55 11 3181-8565 |+55 11 4210-1803
Dial-in with connections in the USA<\/span>: +1 844 204-8942 \/ +1 412 717-9627
Password: Fras-le;<\/p>\n

\n WEBCASTING
<\/b>Portuguese: Click here<\/a>
English:\u00a0Click here<\/a>\u00a0<\/p>\n

\n Hemerson Fernando de Souza<\/span>
\n
Tel.: +55 54 3239.1519<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/fras-le-announces-its-4q20-results-301240866.html<\/a><\/p>\n

SOURCE Fras-le S.A.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CAXIAS DO SUL, Brazil, 4 March 2021 \/PRNewswire\/ —\u00a0Fras-le S.A. (B3 \u2013 “FRAS3”), the largest manufacturer of friction materials in Latin America and a global leader, announces its results for 2020 and the fourth quarter of 2020. The company’s financial information is consolidated in accordance with IFRS (International Financial Reporting Standards) regulations.\u00a0 MAIN RESULTS \u2013 4Q | 2020 (Percentages indicate variations in the respective periods of 4Q20 and 2020 \u2013 values in MM) Consolidated net revenue: 4Q20: R$ 595.3 (+60.5%) | 2020: R$ 1670.8 (+22.4%) Net revenue on the international market: 4Q20: R$ 391.0 (+131.8%) | 2020: R$ 920.2 (+36.3%) Net revenue on the foreign market: 4Q20: R$ 204.3 (+1.1%) | 2020: R$ 750.5 (+8.7%) Foreign Market Turnover … <\/p>\n

Continue reading “Fras-le announces its 4Q20 results”<\/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-451077","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFras-le announces its 4Q20 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\/fras-le-announces-its-4q20-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fras-le announces its 4Q20 results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CAXIAS DO SUL, Brazil, 4 March 2021 \/PRNewswire\/ —\u00a0Fras-le S.A. (B3 \u2013 “FRAS3”), the largest manufacturer of friction materials in Latin America and a global leader, announces its results for 2020 and the fourth quarter of 2020. The company’s financial information is consolidated in accordance with IFRS (International Financial Reporting Standards) regulations.\u00a0 MAIN RESULTS \u2013 4Q | 2020 (Percentages indicate variations in the respective periods of 4Q20 and 2020 \u2013 values in MM) Consolidated net revenue: 4Q20: R$ 595.3 (+60.5%) | 2020: R$ 1670.8 (+22.4%) Net revenue on the international market: 4Q20: R$ 391.0 (+131.8%) | 2020: R$ 920.2 (+36.3%) Net revenue on the foreign market: 4Q20: R$ 204.3 (+1.1%) | 2020: R$ 750.5 (+8.7%) Foreign Market Turnover … Continue reading "Fras-le announces its 4Q20 results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fras-le-announces-its-4q20-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T17:26:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP82245&sd=2021-03-04\" \/>\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\\\/fras-le-announces-its-4q20-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fras-le-announces-its-4q20-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fras-le announces its 4Q20 results\",\"datePublished\":\"2021-03-04T17:26:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fras-le-announces-its-4q20-results\\\/\"},\"wordCount\":188,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fras-le-announces-its-4q20-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=SP82245&sd=2021-03-04\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fras-le-announces-its-4q20-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fras-le-announces-its-4q20-results\\\/\",\"name\":\"Fras-le announces its 4Q20 results - 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