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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.
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.
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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.
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