Mahle Metal Leve S.A. Announces Consolidated Earnings Result for the First Quarter Ended March 31, 2018; Provides Capex and Production Guidance for the Year of 2018
May 13, 2018
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Mahle Metal Leve S.A. announced consolidated earnings result for the first quarter ended March 31, 2016. For the quarter, the company announced net sales revenue of BRL 618.7 million compared to BRL 540.5 million for the same period a year ago. Result before financial revenues and expenses were BRL 96.1 million against BRL 55.1 million a year ago. Net income for the period was BRL 70.5 million against BRL 35.6 million a year ago. Basic and diluted earnings per share were BRL 0.55631 against BRL 0.29912 a year ago. Cash flow from operating activities was BRL 31.1 million against BRL 37.1 million a year ago. Additions to property, plant and equipment was BRL 12.4 million against BRL 11.8 million a year ago. Additions to intangible assets were BRL 2.2 million against BRL 1.4 million a year ago. Capex was BRL 14.6 million against BRL 13.3 million a year ago. EBITDA was BRL 118.8 million against BRL 80.7 million a year ago. The major impacts really are higher gross income via higher sales of around BRL 37 million and slightly lower R&D expenses. CapEx was BRL 14.6 million, slightly higher compared to previous year.
For the year 2018, before costs, a CapEx of around BRL 100 million is expected.
For the year 2018, production is expected to be around 12%.
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. Announces Consolidated Earnings Result for the First Quarter Ended March 31, 2018; Provides Capex and Production Guidance for the Year of 2018
MAHLE METAL LEVE S.A. 
