Mahle Metal Leve S.A. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
November 13, 2019
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Mahle Metal Leve S.A. reported consolidated earnings results for the third quarter and nine months ended September 30, 2019. For the quarter, net revenue was BRL 645.5 million against BRL 710.3 million reported a year ago. Profit for the year was BRL 69.2 million against BRL 92.2 million reported a year ago.
For the nine months, for the quarter, net revenue was BRL 1,930.5 million against BRL 1,957.2 million reported a year ago. Profit for the year was BRL 192.8 million against BRL 223.8 million reported a year ago. Operating expense was BRL 217.6 million against BRL 256.6 million reported a year ago. Net income for the period was BRL 190.4 million against BRL 225.2 million reported a year ago. Basic and diluted EPS was BRL 1.50314 against BRL 1.74432 reported 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.
MAHLE METAL LEVE S.A. 
