Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
BELO HORIZONTE, Brazil, April 16, 2018 /PRNewswire/ -- Localize Rent a Car (BOVESPA: RENT3, OTCQX: LZRFY), based in Brazil, focused on rental cars, today announced that the April 11 presentation from Mariana Campolina, IR Manage, is now available for on-demand viewing at VirtualInvestorConferences.com.
Localiza Renta a Car SA's presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Recent Company Highlights
- 36.5% growth in net revenue, reaching R$6.1 billion;
- Fleet of 194,279 cars at the end of the period;
- Net income of R$563.4 million, representing an increase of 37.6%;
- Acquisition and integration of Hertz operations in Brazil.
Learn more about the event at www.VirtualInvestorConferences.com.
About Localiza Rent a Car
Localiza operates an integrated business platform comprised of the Car Rental, Franchising, Fleet Rental and Used Car sales businesses. It is the largest car rental company in South America with more than 580 rental locations and a fleet larger than 194 thousand cars in Brazil and other 6 countries in South America.
In Brazil Localiza has a market share of 32.3% in the RAC and is larger than the 2nd and 3rd competitors combined. In 2017, the Company amounted net revenues of more than R$6 bn, net income of R$505,7 million with a net margin of 8,3% and ROIC of 15.6%
Localiza is listed at Novo Mercado, the highest corporate governance level of the Brazilian Stock Exchange, since 2005.
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
SOURCE Localiza Rent a Car