Fras-le S.A. Announces Earnings Results for the Second Quarter of 2020
August 13, 2020 at 10:00 am
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Fras-le S.A. announced earnings results for the Second quarter of 2020. For the quarter, the company reported net profit, accounting profit of BRL 13.1 million.
Fras Le SA is a Brazil-based company principally engaged in the manufacture of friction materials. The Company focuses on the design, production, commercialization, export and import of friction materials for motor vehicle brake systems. The Company's product line includes clutch facings, brake linings, brake shoes and brake pads for trucks, buses, cars, tractors, subways, lifts and aircrafts, among others. The Company's brand portfolio includes Fras-le and Lonaflex. Its activities are divided into two business segments: Automakers, which offers products for the automotive market, and Replacement, which provides friction materials for the spare parts market. The Company operates through a number of subsidiaries in the Americas, Europe, Asia and South Africa. The Company is controlled by Randon SA Implementos e Participacoes.
FRAS-LE S.A. 
