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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