Three years after its IPO, JSL has reaped the rewards of acquisitions, increased efficiency and renegotiated contracts to increase its annual profit by 80%
Since going public in the third quarter of 2020, a road transport and logistics company JSL promised accelerated growth regardless of Brazil's macroeconomic road conditions. Pandemic e double-digit interest were not enough to stop the company. "I like to make an analogy with racing, because I'm a driver," he says Ramon Alcarazpresident of JSL. "When it rains and the track gets wet, I don't have to race like I do on a dry track, I just have to race better than my competitors in that scenario."
In the logic of being prepared for any situation, the company was guided by the following principles contract review, cost reduction and the search for more efficiency. One of the measures was a cost reduction planwhich focused on the best use of inputs, fuel and tires. The company has also invested in the purchase of more efficient vehicles and bet on technology to make routes more advantageouswith less travel time at less cost.
The result was a net profit of 351.7 million reais in 2023, high 81% compared to the previous year. The figures are also explained by the search for diversification, which last year acquired IC Transportes, a company specializing in transportation of dangerous goodssuch as fuels e grains, and FSJ Logistics, which works with e-commerce and derivatives.
In the last year, the JSL had a good volume of loads of pulp and paper, mining, food, e-commerce and automotive. For the future, the company promises to increase its market share, which today is in 3%. "Despite its size, the JSL there is still an almost infinite path to explore," he says Alcaraz.
Read the full story at: MM 2024: On the road to good results, JSL overcomes challenges and increases profit in 2023 | Exame