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Article: Iochpe-Maxion Releases First Quarter of 2007 Results.
- Article from:
- PR Newswire
- Article date:
- May 3, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAO PAULO, Brazil, May 3 /PRNewswire-FirstCall/ -- Iochpe-Maxion [Bovespa: MYPK3 - (common) and MYPK4 (preferred) / ADR-OTC: IOCJY-PN (preferred)], the largest Brazilian manufacturer of wheels and frames for commercial vehicles, railway freight cars and railway castings, releases its first quarter of 2007 results.
Results
-- Net Operating Revenue: R$286.2 million
-- Gross Income: R$54.1 million
-- Earnings before interest and taxes (EBIT): R$29.1 million
-- Earnings after interest and taxes: R$24.5 million
-- Net Income: R$11.4 million
-- Earnings Per Share (EPS): R$ 0.2144
-- EBITDA: R$36.4 million
-- Net Bank Debt: R$150.1 million
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