Julio Simões announces its 1Q10 Results

EBITDA up by 73.7%, to R$52.1 million, and gross revenue from services rendered increased 30.2%, to R$406.6 million in 1Q10

  • Gross revenue from services amounted to R$406.6 million in 1Q10, up 30.2%, or R$94.4 million, compared with that in the same period of 2009.
  • Net revenue totaled R$380.9 million in 1Q10, up R$59.1 million, or 18.4%, compared with the same period of 2009.
  • EBITDA totaled R$52.1 million in 1Q10, up 73.7% in comparison with the same period of 2009.
  • Net profit was R$2.2 million in 1Q10, up R$17.0 million over that of the same period of 2009.
  • ILOS Award – chosen as the best Brazilian logistics operator.
  • Contracted for operational fleet management and outsourcing in the energy sector.
  • Beginning of urban distribution operation for the food and construction sectors.
  • Expansion in the sugar & ethanol sector, with three new mills.

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