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Localiza Posts R$1.1 Billion in Q3 Net Income, Up 29.1%

Consolidated net revenue rose 14.4% to R$12.3 billion, while EBITDA increased 13.7% to R$4 billion.

A compact car beside ascending brushed-metal blocks / TokenPost.ai
A compact car beside ascending brushed-metal blocks / TokenPost.ai

Localiza Rent a Car S.A. posted R$1.1 billion in third-quarter net income, up 29.1% year over year, while consolidated net revenue reached R$12.3 billion and EBITDA totaled R$4 billion.

Net revenue increased 14.4% from a year earlier. EBITDA grew 13.7% over the same period.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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