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Locamérica increases profits by 231% in 4Q16

Locamérica registra aumento de 231% no lucro líquido do 4º trimestre de 2016

Intel ID : 245222
Synopsis

Locamérica (BVMF: LCAM3), a Sao Paulo-based car rental company, registered a net profit of BRL 7.8m in the fourth quarter of 2016, which represents a growth of 231% over the same period of 2015, according to a company press release published in 13 February 2017.

According to the statement, the results are due the sale of new and improved margins.

The company's net revenue has reached BRL 188.9m in the quarter, up 5.6% year-on-year. The net revenue from sales of new cars grew 15.8% to BRL 90.9m, while rental revenue fell 2.4% year-on-year, to BRL 98m.
(content in portuguese)

A Locamérica (BVMF:LCAM3), locadora de veículos com sede em São Paulo, registrou um lucro líquido de BRL 7,8m no quarto trimestre de 2016, o que representa um crescimento de 231% em relação a igual período de 2015, segundo publicou a empresa em Comunicado no dia 13 de fevereiro de 2017.

Segundo o comunicado, os resultados estão apoiado na venda de seminovos e na melhora de margens.

A receita líquida da companhia atingiu BRL 188,9m no trimestre, alta de 5,6% na comparação anual. A receita líquida da venda de seminovos cresceu 15,8%, a BRL 90,9m, enquanto a receita de locação caiu 2,4% na base anual, para BRL 98m.

Relevant Documents

Target


Intel ID 245222
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Locamerica
(31 Dec 2024)
Revenue: EUR 1.327,49m
EBITDA: EUR 395,30m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Cars, Motorcycles and Other Vehicles (Primary)
Primary Sector (TTRSC)
35.10.14 Vehicle Rental Services
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.