JSL announces its New Contract‘s Release

Mogi das Cruzes, September 28, 2015 – JSL S.A., announces the closing of new contracts in total value of approximately R$853 million and added 9,168 vehicles (+47.7%) in Rent a Car, in 1H15, in accordance with the highlights below.

Logistics and Fleet (GTF)

  • Continued growth, supported by the broadest portfolio of logistics services in the country;
  • Terms of up to 6 years;
  • 78% negotiated with existing clients (cross selling);
  • 68% in Dedicated Services and 32% in Management and Outsourcing;
  • Investments of approximately R$156 million.

Movida (Rent a Car)

In the first half of 2015 Movida added 9,168 vehicles to its fleet (Rent a Car), expanding it from 19,208 (Dec/14) to 28,376 vehicles (Jun/15). Considering 12 months revenue with the operational fleet at the end of June 2015 (25,212), assuming the average ticket and the average utilization rate (LTM based on Jun/15) remained flat, which were proven resilient in the 1S15, we would have additional revenue of R$227.8 million (+76%). This additional projected revenue was not included in the R$853 million volume of new service providing agreements.

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