July 27, 2016 4:51 AM ET

Auto Components

Company Overview of Rassini, S.A.B. de C.V.

Company Overview

Rassini, S.A.B. de C.V. designs, manufactures, and sells auto parts for brake and suspension systems in North America and Brazil. The company operates through Car Suspension Systems and Components for Brakes segments. It offers suspension products comprising multi-leaf springs, parabolic leaf springs, coils springs, bushings, and stampings. The company also provides brake components, such as rotors, drums, hubs and assemblies, clutch housings, and other products. Its products are used in commercial and sports cars, as well as in light and heavy duty trucks. The company was formerly known as SANLUIS Corporacion, S.A.B. de C.V. and changed its name to Rassini, S.A.B. de C.V. in November 2014. ...

Monte Pelvoux 220

8th Floor

Lomas de Chapultepec

Mexico City, DF 11000

Mexico

Founded in 1984

5,797 Employees

Phone:

52 55 5229 5800

Key Executives for Rassini, S.A.B. de C.V.

Rassini, S.A.B. de C.V. does not have any Key Executives recorded.

Rassini, S.A.B. de C.V. Key Developments

Rassini, S.A.B. de C.V. Reports Unaudited Earnings Results for the Second Quarter and First Half Ended June 30, 2016

Rassini, S.A.B. de C.V. reported unaudited earnings results for the second quarter and first half ended June 30, 2016. For the quarter, the company reported sales of MXN 4,000 million against MXN 3,192 million a year ago. EBITDA was MXN 808 million against MXN 543 million a year ago. Net income was MXN 352 million against MXN 229 million a year ago. Net Income before taxes and minority interest was MXN 516 million against MXN 302 million a year ago. For the first half, the company reported sales of MXN 7,809 million against MXN 6,400 million a year ago. EBITDA was 1,587 million against MXN 1,079 million a year ago. Net operating cash flow rose 13.7% to MXN 1,114 million. Net income was MXN 854 million against MXN 473 million a year ago. Net Income before taxes and minority interest was MXN 1,015 million against MXN 600 million a year ago.

Rassini, S.A.B. de C.V. to Report Q2, 2016 Results on Jul 20, 2016

Rassini, S.A.B. de C.V. announced that they will report Q2, 2016 results After-Market on Jul 20, 2016

Rassini, S.A.B. de C.V., Q2 2016 Earnings Call, Jul 21, 2016

Rassini, S.A.B. de C.V., Q2 2016 Earnings Call, Jul 21, 2016

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