Taurus Armas SA, formerly known as Forjas Taurus SA, is a Brazil-based company primarily engaged in the production of short weapons. The Company divides its operational segments into Weapons, Helmets and Others. The Weapons segment manufactures and distributes revolvers, civil and military pistols and ammunition, as well as custom metal pieces, such as motorcycle parts. The Helmets segment is involved in the production of helmets for motorcyclists. The Others segment includes the manufacturing and marketing of glasses, plastic injected products, such as waste containers, tools for construction, mechanics and gardening and Metal Injection Molding (MIM), used in various industries, such as automotive, electronic or oil, among others. The Company, together with its subsidiaries, operate multiples manufacturing plants located in the Brazilian state of Rio Grande do Sul, the state of Parana, the state of Bahia and in the United States.

Sales Analysis. Sales were up sharply during the first quarter of 2021 versus the previous year's first quarter. During the first quarter of 2021, sales at Taurus Armas SA totalled 551.10 million Brazilian Reals. This is an increase of 84.7% from the 298.32 million Brazilian Reals in sales at the company during the first quarter of 2020. During the previous 10 quarters, sales at Taurus Armas SA have increased compared with the same quarter in the previous year. During the year ended December of 2020, sales at Taurus Armas SA were 1.77 billion Brazilian Reals (US$331.94 million). This is an increase of 77.4% versus 2019, when the company's sales were 999.58 million Brazilian Reals. This was the third consecutive year of growth at Taurus Armas SA.