BBM Logística Reports Financial Growth in the First Quarter of 2023

Written by Bruno Teles

Published on 10/05/2023 at 16:07

Foto: BBM Logística

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With revenue of R$ 396.6 million, the company achieved a growth of 12% compared to the same period in 2022. According to BBM, this period was marked by the severe effects of the economic crisis combined with a slowdown in business.

However, the company has advanced in its growth plan, securing its customers and recovering its margins, increasing its market share. The highlight was a 30% increase in revenue from forest operations.

Regarding the Transportation segment, BBM Logística overcame the challenges of the business environment and presented a growth of 9.1% compared to the same quarter of the previous year.

ARTICLE CONTINUES BELOW

The Company’s Sales Pipeline Is Quite Strong, with the Acquisition of 882 New Deals, Which Could Add a Revenue Potential of R$ 192 Million.

BBM Logística has about R$ 825 million in revenue backlog from projects in implementation or ramp-up, and the forecast is that its leverage, measured by the ratio of net debt to EBITDA, will fall again in the coming quarters, thanks to the natural seasonality of the business or new commercial agreements currently underway.

According to Antonio Wrobleski, President of BBM Logística, “we are performing in line with our plans and we continue to develop and advance our business, despite the challenges posed by the market.”

The smart use of technological and human resources, as well as the commitment to excellence in customer and supplier service, strengthens BBM Logística as the main option for logistics operations in the road modal of Latin America.

With shares traded on the São Paulo Stock Exchange (B3) under the code BBML3, BBM Logística is a company recognized for its solidity and commitment to innovation and efficiency in its business. The company’s commitment to customer satisfaction and optimizing its results consolidates its prominent position in the logistics market.

BBM Logística Reports Financial Growth in the First Quarter of 2023

The Company’s Sales Pipeline Is Quite Strong, with the Acquisition of 882 New Deals, Which Could Add a Revenue Potential of R$ 192 Million.

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BBM Logística Reports Financial Growth in the First Quarter of 2023

BBM Logística, A Brazilian Company Leader in Logistics Operations in the Road Modal of Latin America, Released This Week the Financial Results for the First Quarter of 2023.

The Company’s Sales Pipeline Is Quite Strong, with the Acquisition of 882 New Deals, Which Could Add a Revenue Potential of R$ 192 Million.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

While a traditional school may take several days just to raise walls, in Malawi a 3D-printed school had its structure ready in 18 hours, welcomed children in June, and showed a new solution to the lack of classrooms.

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Cuba acquired more than 300 military drones from Russia and Iran, and according to American intelligence, it is already discussing using them against the Guantanamo base and United States ships while the island experiences 20-hour daily blackouts and the people go hungry.