▪ Net Sales Revenue: R$ 2,402.6 million in 2020, a decrease of 4.9%
compared with 2019. In 4Q20, Net Sales Revenue was up 30.4%
over 4Q19;
▪ Domestic Aftermarket: In 2020, the Company saw a 10.6% increase
in sales compared to 2019, while in 4Q20 the increase was 42.1% compared the same period of the prior year;
▪ Domestic OE: In 2020, the Company reported a decrease of 19.6%
in sales compared to 2019, and an increase of 24.3% in 4Q20
compared with 4Q19;
▪ Interest on capital (gross): In 2020, the Board of Directors approved the distribution of R$ 70.6 million;
▪ Gross Margin: The Company ended 2020 with a gross margin of
26.1% versus 25.3% in 2019. In 4Q20, gross margin was 29.6%
versus 21.5% in 4Q19.
¹ Adjustment in EBITDA due to: Impairment of R $ 29.2 million (2020) of goodwill of subsidiary MAHLE Argentina S.A .; Impairment of R$ 87.0 million (2020) of the MBE2 project;
² Adjusted net income/net margin due to the above explanation, and the reversal of taxes arising from impairments (R$ 7.2 million and R$ 29.6 million respectively).
Market Overview
Brazil & Argentina Registration and Production (2020 x 2019)
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MAHLE Metal Leve SA published this content on 15 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2021 20:47:00 UTC.
Mahle Metal Leve SA is a Brazil-based company primarily engaged in the automotive engine parts manufacture. The Companyâs activities are divided into two business segments: Engine components and Filter. The Engine components division produces parts for internal combustion engines and automotive vehicles, such as rings, sensors, rockers, rods, crank arms, bushes, cylinder sleeves, bearing covers, rocker assemblies, crowns, injectors, synchromesh hubs, universal joints, shafts, gears, guides and valve seats, pistons, water and oil pump impellers, gudgeon pins and pulleys. The Filters division manufactures various types of filters, such as fuel, air, oil, cabin and press, used in vehicles, as well as applied in industry, automobile service stations, passenger and cargo transport, earthworks, fishing terminals and farms. The Company is indirectly controlled by Mahle Industriebeteiligungen GmbH.
MAHLE METAL LEVE S.A. 
