Localiza Rent a Car S.A. Reports Strong Q3 Growth with 29% Increase in Net Income
Localiza Rent a Car S.A. (LZRFY) has released its third-quarter financial results, demonstrating significant year-over-year growth across all primary metrics. The company reported a net income of R$1.1 billion, representing a 29.1% increase compared to the same period last year. Revenue and operational efficiency also saw upward trends, with consolidated net revenue reaching R$12.3 billion (+14.4% Y/Y) and EBITDA climbing to R$4 billion (+13.7% Y/Y). These results reflect robust demand and effective scaling within the car rental sector.
Tickers: $LZRFY
Topics: EBITDA financial results net income revenue