Randoncorp and Automob report mixed operational results

Randoncorp reported a consolidated net revenue of R$ 1.13 billion in September, a 3.3% increase compared to the same month in 2025. However, the company's year-to-date revenue through September reached R$ 9.93 billion, representing a modest growth of only 0.4% year-on-year. Its subsidiary, Frasle Mobility, saw a monthly revenue increase of 1.6% to R$ 440.7 million, but its accumulated revenue for the first nine months of the year fell by 2.2% to approximately R$ 4.02 billion. Frasle Mobility has also lowered its revenue projections for 2026.

Automob reported third-quarter gross revenue of R$ 4.0 billion, a 9% increase from the previous year. This performance led to a rise in share prices, which saw gains exceeding 8% during trading. The company's Light Vehicles division saw a 16% volume increase, while the Trucks and Buses division grew by 35% year-on-year. Conversely, the Agribusiness and Machinery division experienced a 26% decline in volume. Net capital expenditures (capex) for Automob fell by 62% year-on-year to R$ 21 million, following a cycle of store modernization.