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Localiza Rent a Car: Strong 3Q24 revenue and margin growth, with improved ROIC and disciplined capital allocation

Localiza Rent a Car: Strong 3Q24 revenue and margin growth, with improved ROIC and disciplined capital allocation

Localiza Rent A Car SaNovember 12, 20244
Localiza Rent a Car: Strong 3Q24 revenue and margin growth, with improved ROIC and disciplined capital allocation

About this update from Localiza Rent A Car Sa

Localiza & Co delivered strong 3Q24 results with 32% revenue growth, robust margins, and improved debt metrics, driven by higher rental rates and expanded Seminovos sales. ROIC spread improved to 5.5p.p. and the company maintained disciplined capital allocation. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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