Consolidated net revenue of the Company, in november 2018, reached R$ 92.5 million, which is 38.1% up from that reached in november 2017. In the period january/november 2018, consolidated net revenue totaled R$ 992.4 million, up 31.9% from that achieved in the same period last year.
Total gross revenue (without exclusions and with taxes) reached R$ 138.6 million in november 2018, 30.1% up from that reached in november 2017. In the period january/november 2018, total gross revenue (without exclusions and with taxes) totaled R$ 1.48 billion, 29.9% up from that achieved in the same period last year.
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Fras-le SA published this content on 20 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2018 10:49:01 UTC
Fras Le SA is a Brazil-based company principally engaged in the manufacture of friction materials. The Company focuses on the design, production, commercialization, export and import of friction materials for motor vehicle brake systems. The Company's product line includes clutch facings, brake linings, brake shoes and brake pads for trucks, buses, cars, tractors, subways, lifts and aircrafts, among others. The Company's brand portfolio includes Fras-le and Lonaflex. Its activities are divided into two business segments: Automakers, which offers products for the automotive market, and Replacement, which provides friction materials for the spare parts market. The Company operates through a number of subsidiaries in the Americas, Europe, Asia and South Africa. The Company is controlled by Randon SA Implementos e Participacoes.