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Aug 16, 2011 2:39 PM

Randon S.A-Implementos e Participacoes, the controlling holding of nine companies operating within the segments of vehicles and trailers/semi-trailers, auto parts and financial services, reported that EBITDA was $198.5 million for the first half of 2011, up 23.2% over a year ago.
  
Other results for the first two quarters:
    --  Total gross revenue, before consolidation, is $1.95 billion, an
        increase of 20.9%.
    --  Consolidated net revenue reached $1.32 billion, a rise of 20.6%.
    --  $98 million of consolidated net profit, with a net margin
        of 7.6%.

The main highlights of the second quarter:
    --  EBITDA grew 21.0%, reaching $106.8 million.
    --  Consolidated sales to foreign market reached $71.2 million, an increase of 11.3%.
    --  Consolidated net income was $56.1 million, up 41.2%.