Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Localiza Rent a Car SA Presentation Now Available for On-Demand Viewing

LZRFY

PR Newswire

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.

View investor presentations 24/7 at www.virtualinvestorconferences.com . (PRNewsFoto/OTC Markets Group Inc.)

LINK: https://tinyurl.com/0418postpr

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.

About VirtualInvestorConferences.com
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.

 

OTC Markets Group Inc, operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. (PRNewsFoto/OTC Markets Group Inc.)

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/localiza-rent-a-car-sa-presentation-now-available-for-on-demand-viewing-300629995.html

SOURCE Localiza Rent a Car



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today