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BBM Logística, a leading Brazilian company in road logistics operations in Latin America, released its financial results for the first quarter of 2023 this week.
With a turnover of BRL 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 serious effects of the economic crisis added to a slowdown in business.
However, the company made progress in its growth plan, building customer loyalty and recovering its margins, expanding its market share. The highlight was the 30% increase in revenues from forestry operations.
With respect to Transport 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 commercial pipeline is very strong, with the winning of 882 new businesses, which could add a potential revenue of R$ 192 million.
BBM Logística has approximately R$825 million in backlog of revenue from businesses being implemented or in ramp-up and the forecast is that its leverage, measured by the ratio between net debt and Ebitda, will fall again in the coming quarters, thanks to the natural seasonality of the business or the new commercial agreements currently in progress.
According to Antonio Wrobleski, president of BBM Logística, “we are performing in line with plan and we continue to develop and advance in our business, despite the challenges posed by the market”.
The intelligent use of technological and human resources, as well as the commitment to excellence in serving customers and suppliers, strengthen BBM Logística as the main option for logistics operations No. road transport in Latin America.
With shares traded on the São Paulo Stock Exchange (B3) under the code BBML3, BBM Logística is a company recognized for its strength and commitment to innovation and efficiency in its business. The company's commitment to customer satisfaction and the optimization of its results consolidates its prominent position in the logistics market.
