JSL records growth of 76% in EBITDA and 4.7 p.p. in the EBITDA margin between 1Q11 and 1Q12


Mogi das Cruzes, May 15, 2012 – JSL S.A. (BM&FBOVESPA: JSLG3), the company with the broadest portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue, announces its 1Q12 results.

Highlights – Reported Data:

Total gross revenue of R$ 770.5 million no 1Q12 (+39%)with: 
– 
Gross revenue from Services of R$ 690.5 million in 1Q12 (+39%); 
– 
Gross revenue from the Sale of Assets of R$ 80.0 million in 1Q12 (+33%);
Traditional Recurring EBITDA of R$ 150.7 million in 1Q12 (+76%), with a margin of 21.8% (+4.7 p.p.),
– Recurring EBITDA from Services of R$ 150.6 million in 1Q12 (+75%), with a margin of 24.7% (+5.1 p.p.); 
– Recurring EBITDA-A 
of R$ 230.6 million in 1Q12 (+58%), with a margin of 33.4% (+4.1 p.p.);
Recurring Net Income of R$ 29,7 million in 1Q12 (+93%), with a net margin of 4.3% (+1,2 p.p.);
Conclusion of the incorporation of SIMPAR Concessionárias in February 2012, recording initial gains in synergy inFeb+Mar 2012:
– 353 cars (41% of the total sold by JSL) absorbed by SIMPAR Concessionárias; 
– Purchase of 1,027 
light vehicles (62.4% of the total purchased by JSL)totaling a commission of R$ 0.4 million paid by the manufacturers to the dealerships.

To access the Earnings Release, click here.