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11 3.5 to 3.10.2018 According to the group’s management, performance is a result of the combination of the new positive scenario with internal actions carried out since the beginning of the crisis, involving process improvements, expenditure and investment control, product launching, strengthening of sales channels and reduction of fixed costs. Although far from the consolidated figures in the years prior to the crisis, the company understands that the 2017 profit brings the confidence that the decisions made and the changes made are giving results, and that they tend to be expanded in the coming exercises. David Randon noted that “there is hope, even if cautious, that the country will grow again after almost three years practically at the same place.” By 2018 the group estimates gross revenue of R$ 5 billion and net of R$ 3.6 billion, up 19% and 24%, respectively, on consolidated last year. Foreign revenues, sum of exports and operations abroad, should total US$ 300 million, growth of 25%. US$ 51 million of imports and R$ 140 million in investments are projected. Domestic increase - The domestic market was the main driver of Randon’s revenue increase in 2017. Value over gross R$ 3.7 billion was 18% higher than in the previous year, slightly more than R$ 3.1 billion. Foreign revenue, sum of exports and amounts generated by operations in other countries, was R$ 493.8 million, down 6%. When considered in dollars, the total external revenue of US$ 239.7 million represented an increase of 6.8%. In 2017, the automotive division accounted for 43.4% of total net revenue, equivalent to R$ 1.3 billion, 77.7% in the semi-trailer account, 18.2% in the wagon and 4.2% in the vehicle segment special. The share fell 1 point in the composition of revenue compared to 2016. The auto parts division accounted for 51.5% of net revenue, 1.5 percentage points higher, totaling R$ 1.5 billion. The division is made up of Castertech, Suspensys WE, Fras-le, Jost, Master and Suspensys, a subsidiary of Randon Implementos e Participações. The financial services division had a slight decrease of 0.4 percentage point in the share of net revenue. Net revenue was R$ 149.3 million, an increase of 3.4%. The division is composed by Randon Consórcios and Randon Investimentos, Banco Randon.
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