{"id":211062,"date":"2019-03-20T13:39:15","date_gmt":"2019-03-20T16:39:15","guid":{"rendered":"https:\/\/anba.com.br\/?p=211062"},"modified":"2019-06-30T12:37:29","modified_gmt":"2019-06-30T15:37:29","slug":"middle-east-takes-in-2-7-of-randons-exports","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/middle-east-takes-in-2-7-of-randons-exports\/","title":{"rendered":"Middle East takes in 2.7% of Randon\u2019s exports"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The Middle East lost ground in exports by\u00a0<a href=\"http:\/\/www.randon.com.br\/pt\" target=\"_blank\" rel=\"noopener noreferrer\">Randon<\/a>, based in Caxias do Sul, Brazil. The conglomerate owns ten companies in the vehicle, implement, auto part and financial service sectors. The region went from a 3.1% share of total exports to 2.7% in 2018. Overall exports climbed 35.7% in Brazilian reals and 17.3% in US dollars, to BRL 670.2 million and USD 182.2 million.<\/p>\n<p>The biggest foreign markets for Randon are Mercosur and Chile, which took in a combined 42.4% of the conglomerate\u2019s exports in 2018. Nafta countries accounted for 31.7%, with South and Central America (except Mercosur and Chile) ranked third at 13.8%. The former two regions lost share in Randon exports last year, while South and Central America gained 4.9 percentage points, a result driven by semi-trailer sales to Cuba and Peru.<\/p>\n<p>Randon is in a joint venture whereby it supplies\u00a0 CKD semi-trailers for Egypt Power to assemble and distribute in Egypt. Randon reported USD 111.4 million in revenue from non-local operations, up 32.1% from 2017. Exports plus non-local revenue came out to USD 293.7 million last year.<\/p>\n<p>The conglomerate posted BRL 6 billion in gross revenue in 2018, up 43.3% year-on-year. Consolidated net revenue climbed 45.1% to BRL 4.3 billion. Net profit was BRL 151.7 million. A report from Randon imputed the hike in revenue to auto part sales in Brazil, coupled with stronger sales of trucks, as well as exports and non-local results.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-211060\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Foreign sales by the conglomerate were up 17.3% in US dollars last year, but the Middle East lost ground in overall sales, while Cuba and Peru gained.<\/p>\n","protected":false},"author":2316,"featured_media":211060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[421,2188,2063,4299,7830,1791],"class_list":{"0":"post-211062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-egypt","9":"tag-export","10":"tag-middle-east","11":"tag-randon","12":"tag-semi","13":"tag-trucks"},"wps_subtitle":"Foreign sales by the conglomerate were up 17.3% in US dollars last year, but the Middle East lost ground in overall sales, while Cuba and Peru gained.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/211062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=211062"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/211062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/211060"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=211062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=211062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=211062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}