São Paulo – The Brazilian road equipment manufacturing group Randon posted a consolidated net income of R$ 318.9 million (US$ 160.4 million) in February 2013, up 23.7% from the same month of 2012, according to figures released by the company this Wednesday (20th). In January and February combined, net income reached R$ 619.2 million (US$ 311.4 million), up 53.2%.
Total gross income stood at R$ 497.4 million (US$ 250.2 million) in February, up 24.4% from February 2012. In January and February, total gross income was R$ 964,8 million (US$ 485.3 million), up 55.7%. Randon controls ten companies active in vehicles and implements, auto parts and financial services.
*Translated by Gabriel Pomerancblum
