MATERIAL FACT

Fras-le S.A. ('Company)'), as provided for by Law 6.404, of December 15, 1976, and CVM Instruction no. 358, of January 3, 2002, discloses its business projection, to be followed up throughout 2019 ('Guidance').

GUIDANCE 2019

  • Total Gross Revenue¹ - R$ 2.0 billion;
  • Consolidated Net Revenue - R$ R$ 1.4 billion;
  • Revenues from abroad² - US$ 215 million;
  • Imports - US$ 16 million;
  • Investments - R$ 76 million.

¹(Without exclusions intercompany)
²(Exports out of Brazil + Operations abroad)

The indicators above have been validated in the strategic planning process of the Company, backed by the evaluation of the macroeconomic scenario of Brazil and by that of those countries with which the Company has commercial relations, as well as by sector indicators, indicators of the automotive industry, and market behavior in its business segments.

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Fras-le SA published this content on 20 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 February 2019 13:23:09 UTC