4th
May 2010 - Fras-le Reports
Results for First Quarter 2010
Fras-le S.A., a Randon
company that is the largest manufacturer of friction
materials in Latin America
and one of the world leaders in this industry, announces
its results for the first quarter of 2010 (1Q10). Except
where stated otherwise, the operating and financial
information is presented on a consolidated basis and
monetary values are expressed in Brazilian reais, in
accordance with Brazilian Corporation Law. Comparisons
are made with the first quarter of 2009 (1Q09).
HIGHLIGHTS: With record sales volume and revenue,
Fras-le's operating performance surged in 1Q10: