#Brazil #Record Revenue #Frasle Mobility #R$4 billion #Caxias do Sul

Frasle Mobility Achieves Record Revenue in 2024

Frasle Mobility has made headlines with its remarkable financial performance in 2024, reaching an astounding consolidated net revenue of nearly R$4 billion. This impressive figure marks a 17% increase compared to the previous year, underscoring the company’s resilience and strategic growth initiatives despite an economic landscape filled with challenges.

Significant Growth Across Metrics

In 2024, Frasle's adjusted EBITDA stood at R$729 million, reflecting a 9.7% increase, with an adjusted EBITDA margin of 18.4%. The foreign market revenue, which includes exports and international operations, reached a staggering R$1.6 billion, showcasing a notable 27% increase from 2023.

The fourth quarter of 2024 alone brought about consolidated net revenues amounting to R$1.1 billion, a 49.4% growth from the previous year. Within that quarter, net revenues from the domestic market also saw a 20.4% increase, totaling R$668.6 million. Notably, foreign market revenues exploded to R$439.2 million, reflecting an impressive 136.4% growth compared to the same period in the prior year.

Operational Excellence amid Economic Challenges

Frasle Mobility's achievements are indeed commendable, especially considering the broader macroeconomic challenges faced by various sectors. The company successfully reported growth across all its operations both in Brazil and internationally. Notable gains were observed in specific product lines such as friction materials, hydraulic components, and shock absorbers, areas where the company has established leadership and significant market share.

2024’s figures do not even account for synergies from the recent acquisition of Dacomsa in Mexico, which is poised to enhance Frasle's operational capabilities and market reach significantly. This acquisition, finalized in January 2025, is one of the company’s largest strategic moves, aimed at bolstering its market presence.

Performance Review and Future Outlook

Highlights from the quarterly performance include:

• - Consolidated gross profit: R$394.4 million (+94.6%) in Q4
• - Operating profit: R$171.4 million (+110.5%) in Q4
• - Net profit: R$135.1 million (+43.8%) in Q4
• - EBITDA: R$220.4 million (+94.8%) in Q4
• - Adjusted EBITDA for the year: R$729 million (+9.7%)

Such robust figures reflect Frasle's efficient management and innovative strategies that are successfully navigating through difficulties, indicating a promising trajectory for future endeavors.

The company plans to conduct a video conference for further elaboration on these results, providing investors and stakeholders with additional insights into their operational developments and financial forecasts.

In conclusion, Frasle Mobility's record revenue in 2024 serves as a testament to the effectiveness of its leadership, strategic acquisitions, and unwavering commitment to growth in an evolving market landscape.