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Randon Discloses the Second Quarter and First Half 2008 Results


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CAXIAS DO SUL, BRAZIL, Aug 6, 2008 -- Randon S.A. - Implementos e Participacoes (Bovespa RAPT3; RAPT4), the holding controller of eight companies operating within the road equipment (trailers/ semi-trailers), railroad (wagons) and specialty vehicle segments as well as auto parts, automotive systems and services, discloses its results for the second quarter of 2008 (2Q08) and first-half period of 2008 (1H08) ended on June 30, 2008. The Company's financial and operating information, except when otherwise indicated, are consolidated and the monetary values are expressed in Reais.

-- Total Gross Revenue, before consolidation, is R$2.12 billion, an increase of 25.0% over the 1H07 results;

-- Consolidated Net Revenue reached R$1.45 billion, an increase of 22.2% as compared to 1H07;

-- EBITDA was R$243.2, a rise of 29.3% as compared to 1H07;

-- R$121.6 million of consolidated net profit in 1H08, with a Net Margin of 8.4%

The main highlights of the quarter were:

-- The Total Gross Revenue, without elimination of inter-company sales, reached R$1.11 billion, 23.3% higher than 2Q07 and 10.4% higher than that reached in the prior quarter;

-- The Consolidated Net Revenue was R$752.4 million, 18.2% higher than 2Q07 and 7.5% higher as compared to the last quarter;

-- The EBITDA for the quarter increased 18.6% as compared to 2Q07, reaching R$121.5 million;

-- The consolidated sales for the foreign market reached US$76 million, representing a growth rate of 40.1% as compared to 2Q07;

  -- The Consolidated Net Profit was R$67.6 million, 42.6% higher than 2Q07

  Conference Call - Portuguese
  Date: August 7, 2008, Thursday
  Time: 10:00 am (Brasilia)
  Phone: +55 (11) 2188-0188
  Code: RANDON

  Conference Call - English
  Date: August 7, 2008, Thursday
  Time: 11:00 am (Brasilia) / 10:00 am EDT
  Phone +1 (973) 935-8893
  Code: 56411117

  IR Contact:
  Hemerson Fernando de Souza
  +55 (54) 3209.2505
  ri@randon.com.br