Brazilian parts manufacturer Fras-le says Q3 2022 revenue USD157 million, up 25% y/y

Company records BRL2.3 billion (around USD440 million) in revenue, up 22% y/y in the first nine months of 2022

Brazilian parts manufacturer Fras-le has announced that it has achieved a new record result with positive performance in the third quarter of 2022 with the company registering sales of BRL823.9 million (around USD157 million) in consolidated net revenue, up 25% compared to the same period last year and up 5% compared to the previous quarter of this year, according to a press release dated 9 November.