JSLGY JSL SA (PK)

MOGI DAS CRUZES, Brazil, Feb. 11, 2015 /PRNewswire/ -- JSL S.A. (BM&FBOVESPA: JSLG3 and OTC: JSLGY) announces its 4Q14 results:

2014 Highlights - JSL Consolidated (comparisons with 2013):

• Record gross revenue of R$ 6.079 billion (+16.0%);
• Consolidated EBITDA² of R$ 902.4 million (+26.5%), exceeding the guidance;
• Net Income² of R$ 101.1 million;
• Set up of Movida Participacoes and the beginning of Leasing operations.

2014 Highlights - JSL Logistica + Movida (comparisons with 2013):

• Total gross revenue of R$ 4.863 billion (+19.2%);                          
• Gross Revenue from Services of R$ 4.172 billion, (+13.8%), fulfilling the guidance;
• EBITDA² of R$ 875.7 million (+27.9%), with a margin of 19.8% (+1.1 p.p.);
• Net Income² of R$ 93.6 million.

4Q14 Highlights - JSL Consolidated (comparisons with 4Q13):

• Record gross revenue of R$ 1.581 billion, (+11.5%);
• EBITDA² of R$ 244.3 million (+33.1%), with a margin of 17.0% (+2.8 p.p.).
• 4Q14 Highlights - JSL Consolidated + Movida (comparisons with 4Q13):
• Gross Revenue from Services of R$ 1.127 billion, (+19.5%);
• EBITDA² of R$ 242.1 million (+37.9%), with a margin of 20.9% (+3.3 p.p.).

To access the Earnings Release, click here.

⁽¹⁾ EBITDA-A or EBITDA-Added - represents EBITDA plus the residual costs associated with the sales of fixed assets, which do not represent operational cash disbursements, as they are merely an accounting representation of the write off of assets at the time of sale. Thus, the Company's management believes that EBITDA-A is a more accurate representation of cash flow than traditional EBITDA, and more accurately represents the Company's capacity to meet its financial obligations.
⁽²⁾Excluding non-recurring effects.

ABOUT JSL
JSL S.A. is the company with the most extensive portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue. With a 59 year history, the company works with more than 170 branches throughout Brazil, in addition to 4 Mercosur countries, and operates in the entire production process of its customers - from cargo transport to the complete outsourcing of logistics chains.

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SOURCE JSL S.A.