Mahle Metal Leve S.A. Announces Consolidated Earnings Result for the First Quarter Ended March 31, 2019
May 14, 2019
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Mahle Metal Leve S.A. announced consolidated earnings result for the first quarter ended March 31, 2019. For the quarter, the company reported net sales revenue of BRL 623.2 million compared to BRL 618.7 million for the same period a year ago. Net income for the period was BRL 63.2 million against BRL 70.5 million a year ago. Basic earnings per share were BRL 0.49831 against BRL 0.55631 a year ago.
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.