Log In Logística Intermodal S A : 3Q20 Earnings Presentation
November 11, 2020 at 12:07 pm EST
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3Q20 / 9M20 RESULTS
Log-In Logística Intermodal S.A.
NOVEMBER 11, 2020
DISCLAIMER
The forward-looking statements contained herein are subject to risks and uncertainties and may be altered due to, among other factors, market behavior, Brazil's economic and political situation, the logistics industry, international markets and legal and regulatory changes. Said forward-looking statements are entirely based on Management's expectations of the Company's future performance and are not guarantees of results and creation of value for Log-In's shareholders. As such, this information should not be considered as an investment recommendation. Potential investors should conduct their own analysis and evaluations. In addition, these forward-looking statements are not necessarily updated and should only be considered on the dates when they were made. Also, third-party information is their sole responsibility.
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HIGHLIGHTS
Log-Inachieved record results in 3Q20 and 9M20:
Adjusted EBITDA record of R$83.9 MM in 3Q20 (19.9% higher than 3Q19) and R$204.8 MM in 9M20 (9.3% higher than 9M19);
Coastal Shipping Adjusted EBITDA record of R$76.9 MM in 3Q20 (37.6% higher than 3Q19) and R$179.3 MM in 9M20 (14.9% higher than 9M19);
TVV EBITDA record of R$67.2 MM in 9M20 (7.3% over 9M19).
Coastal Shipping NOR record of R$241.2 million in 3Q20, 10.0% higher than 3Q19.
Log-Inreached Net Income of R$9.1 MM in 3Q20 (R$26.3 MM higher than the result of 3Q19).
On July 16, 2020, Fitch Ratings assigned Log-In, for the first time, the long-term national rating 'BBB + (bra)', with a stable outlook.
On September 22, 2020, TVV entered into an amendment to the port lease agreement, extending its term for another 25 years, until September 2048.
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NET OPERATING REVENUE (NOR)
(R$ MM)
Increase in the volume of containers transported in Coastal Shipping, with growth in Cabotage, which has a higher unit value;
Success of the commercial strategy which focused on capturing volumes from industries less affected by the pandemic in 2Q20 and recovering of the more impacted segments in 3Q20;
Positive impact of the depreciation of the Brazilian Real on the revenues denominated in USD (Feeder and Mercosur).
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Log-In Logística Intermodal SA published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2020 17:06:00 UTC
Log-in Logistica Intermodal SA, formerly Docenave Navegacao Vale do Rio Doce SA, is a Brazil-based company that plans, manages and operates cargo handling solutions through cabotage, complemented by road services. The Company operates an interconnected network, which includes port handling and door-to-door transportation, through an intermodal network that covers Brazil and the Southern Common Market region (Mercosur). The Company's activities are divided into three areas: Coastal Shipping, offering maritime transportation in ports in the Brazilian coast and Mercosur, integrated to services contracted for road short-distance transportation; Port Terminal, providing management and operation of a container port terminal, the Vila Velha Terminal (TVV), in the state of Espirito Santo, Brazil, and Intermodal Terminals, including ground intermodal terminals integrated to services offered by Coastal Shipping area.
LOG-IN LOGÍSTICA INTERMODAL S.A. 
