JSL : Material Fact - Estimated net investment for the 2017 fiscal year
December 15, 2017 at 05:07 pm EST
Share
MATERIAL FACT
JSL S.A. ('Company'), pursuant to the provisions set forth in Instruction No. 358 of the Brazilian Securities and Exchange Commission ('CVM'), of January 3, 2002, as amended, hereby announces to its shareholders and to the market in general that the Company's total net investment expected for the 2017 fiscal year is of eight hundred million reais (R$800,000,000.00). The estimated net investment is in line with the Company's deleveraging strategy. It is worth noting that this information is a mere forecast, based on the current prospects of the Company's management concerning the purchase of assets effectively delivered and the sale of assets effectively carried out throughout the year. If there is a notable change in these factors, the information may be reviewed.
This information will be included in section 10.8 of the Company's Reference Form and will be made available on the websites of CVM and of the Company.
São Paulo, December 15, 2017
Denys Marc Ferrez
Investor Relations Officer
JSL SA published this content on 15 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 December 2017 22:04:07 UTC.
Original documenthttp://ri.jsl.com.br/conteudo_en.asp?idioma=1&tipo=30759&conta=44&id=251035
Public permalinkhttp://www.publicnow.com/view/45FD1EF4FD0767D0FEAB0819276E7D22BD94CCE1
JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services through six business lines: Road Cargo Transportation and Dedicated Road Cargo Logistics, involved in the supply chain and management of the information of the logistics chain of the customer; Commodity Logistics, which offers customized solutions for the paper and cellulose, mining and sugar-energy sectors; Internal Logistics, that consist on the internal handling of raw materials, products, inventory management and assembly line supply of the customer; Urban Distribution, which includes supply of points of sale and management of the return of packaging; Warehousing Services, dedicated to the reception, storage and dispatch of goods and inventory management; and Chartering, which provides transportation services for employees of companies that are customers through the other services provided by the Company. The Firm is controlled by Simpar SA.