Localiza Rent A Car S/Adr (LZRFY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Before we begin, for those who need translation, the tool is available on the platform. Please click Interpretation button using the globe icon on the bottom of the screen and choose your language of preference. You may also choose to mute or unmute the original audio by clicking the Unmute Original Audio button. Good morning, and welcome to Localiza and Co. webinar on the results for the fourth quarter and full year 2025. Joining us today are Bruno Lazansky, our CEO, Rodrigo Tavares, CFO, and Nora Lanari, Head of Investor Relations. Please note that this webinar is being recorded and will be available at ri.localiza.com. where the full warnings materials are also available. The presentation itself is available for download on the IRR website. For the Q&A session for analysts and investors, please signal your interest in participating via the Q&A icon at the bottom of your screen, entering your name, institution and language. When called open, a prompt will appear on your screen to activate your microphone. To submit written questions, use the same Q&A icon and include your name and institution before your question. We inform you that the figures in this presentation are stated in Millions of Heis and IFRS. We emphasize that the information contained in this presentation, as well as any statements that may be made during the video conference regarding Localiza's business outlook, projections and operational and financial targets, consists of the company's measurements, beliefs and assumptions. as well as information currently available. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties, and assumptions, as they refer to future events and therefore depend on circumstances that may or may not occur. Now, I tur...