JSL recorded Total gross revenue of R$ 852.8 million in 4Q11, up 34.8% over 4Q10, with R$ 624.6 million coming from Services, 18.4% upyear-on-year. Management and Outsourcing did exceptionally well, recording growth of 48.3%, as did Passenger Transportation, with growth of 41.7%, mostly due to charter services for private companies. In 2011, Dedicated Services accounted for 47.6% of gross revenue from Services, which, added to the 25.6% contribution from Management and Outsourcing, summed up 73.2%, in line with the Company’s strategy of broadening higher added-value services. Note that with the incorporation of Rodoviário Schio, gross revenue from Services includes Schio’s December 2011 revenue of R$ 41.4 million.
To access the Press Release, click here.