JSL reports EBITDA margin of 17.1% in 1Q11, up 3.8 p.p.

Highlights:

• Total gross revenue of R$ 555.3 million (+28.9%) in 1Q11;
• Gross Revenue from Services of R$ 495.1 million in 1Q11 (+21.8%), represented by:
  +16.4% in Dedicated Services;
  +43.0% in Management and Outsourcing;
• Total net revenue of R$ 498.6 million in the quarter (+30.9%);
• Net income of R$ 15.3 million in 1Q11 (+R$ 13.1 million) with net margin of 3.1% (2.5 p.p.);
• EBITDA-A¹ of R$ 146.1 million (+97.6%) and EBITDA-A margin of 29.3% (+9.9 p.p.);
• Traditional EBITDA of R$ 85.4 million (+68.7%), with EBITDA margin of 17.1% (+3.8 p.p.);
• Investments of R$ 196.8 million, 95.4% directed to business expansion.

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