Localiza Rent A Car SA (LZRFY) Q3 2024 Earnings Call Highlights: Robust Revenue Growth and ... [Yahoo! Finance]
LOCALIZA RENT A CAR S/ADR (LZRFY)
NASDAQ:AMEX Investor Relations:
ri.localiza.com
Company Research
Source: Yahoo! Finance
Fleet Rental Net Revenue: BRL2.1 billion, a growth of 23.9% year-over-year. Seminovos Net Revenue: BRL5.1 billion, a growth of 43.7% year-over-year. EBITDA: BRL3.3 billion, an increase of 24.1% year-over-year. Net Income: BRL812 million, a growth of 22.2% year-over-year. EBIT Margin: Consolidated margin at 44.1%, Car Rentals at 44.8%, Fleet Rental at 45.3%. Free Cash Flow: BRL3 billion generated in 9M '24 before interest. Net Debt: BRL29.5 billion at the end of the quarter. Rental Locations: 705 total, with 611 in Brazil, 19 in Mexico, and 75 in other South American countries. Fleet Size: 638,283 cars, an increase of 7.3% in Fleet Rental and 3% in Car Rental year-over-year. Average Daily Rate (Car Rental): BRL142, an increase of 19% year-over-year. Average Daily Rate (Fleet Rental): BRL95.9, an increase of 13.8% year-over-year. Seminovos Sales Volume: 73,816 cars sold in the quarter. Warning! GuruFocus has detected 8 Warning Signs with LZRFY. Release Date: N
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