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forjas taurus sa-pref (FORZF) Details

Forjas Taurus S.A., together with its subsidiaries, engages in the manufacture and sale of firearms. It operates in three segments: Weapons, Helmets, and Others. It offers a range of weapons, such as revolvers, pistols, machine guns, and rifles under the TAURUS, ROSSI, and HERITAGE brands; and distributes products under the DIAMONDBACK brand worldwide. The company also offers forging products, metallic parts and components, motorcycle helmets, bulletproof jackets, glasses and anti-riot shields, tools for civil construction, mechanical products, gardening and similar products, and injected high density polyethylene containers for storage of solid residues, as well as for industrial, commercial, and environmental use. In addition, the company is involved in the purchase, sale, and rental of own and third party real estate. It serves public bodies, including the state, civil, and military police in Brazil, as well as private customers primarily in North America. Forjas Taurus S.A. was founded in 1939 and is headquartered in Porto Alegre, Brazil.

Founded in 1939

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forjas taurus sa-pref (FORZF) Key Developments

Forjas Taurus S.A. Announces Financial Results for the Fourth Quarter Ended December 2013

Forjas Taurus S.A. announced financial results for the fourth quarter ended December 2013. For the period, the company deepened its loss to BRL 70.2 million (USD 30.9 million/EUR 22.4 million) in the fourth quarter of 2013 from BRL 23 million in the same period of 2012. Net revenue shrank by 20% to BRL 156.1 million between October and December.

Taurus Reports Audited Consolidated Earnings Results for the Full Year of 2013

Taurus reported audited consolidated earnings results for the full year of 2013. The company attained a consolidated net income of BRL 807.3 million, a 15.2% increase in relation to 2012.

Forjas Taurus S.A., Board Meeting, Mar 28, 2014

Forjas Taurus S.A., Board Meeting, Mar 28, 2014.


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