Growth of 12% in gross revenue from Services, upturn of 99% in the usual sale of Assets in 3Q15; and Consolidation of Movida as Brazil‘s second largest car rental company


Mogi das Cruzes, October 26, 2015 – JSL (BM&FBOVESPA: JSLG3 and OTC: JSLGY) anticipates the disclosure of its gross revenue and presents preliminary unaudited gross revenue figures for 3Q15, 9M15 and the last 12 months.

Highlights:

  • Resilience of the business model, once again ratified by the delivery of growth and the maintenance of the guidance despite the economic recession;
  • Revenue from Services increased by 12% in 3Q15 over 3Q14 and 14% in 9M15 over 9M14 despite the economic slowdown, due to sector and service diversification;
  • JSL Logística recorded a 5% increase in revenue from Services, with a 10% upturn in new contracts, due to its resilience and diversification.
  • Consolidation of Movida as Brazil‘s second largest car rental company, with 51,063 vehicles and total revenue of R$ 358 million in 3Q15, R$ 190 million of which from Services.
  • Revenue from the usual sale of Assets increased by 99% in 3Q15 over 3Q14, and 75% in 9M15 over 9M14, including the sale of 5,747 (3Q15) and 14,531 (9M15) Movida vehicles, showing the assets‘ capacity for sale and representing sales of 1.2x the size of the RAC fleet in September 2014.

To access the press release, click here.