Localiza Rent A Car SA operates in the Passenger car rental sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Localiza Rent A Car SA with three other
rental and leasing companies in Latin America:
Empresas Tattersall S.A.
of CHILE
(2020
sales of 317.34 billion Chilean Pesos [US$425.24 million]
),
Unifin Financiera SAB de CV
of MEXICO
(11.09 billion Mexican Pesos [US$536.60 million]
), and
Movida Participacoes SA
(4.09 billion Brazilian Reals [US$802.47 million]
of which 78%
was Rent a Car).
Sales Analysis.
During the first
quarter of 2021, sales at Localiza Rent A Car SA totalled
2.80 billion Brazilian Reals.
This is
practically unchanged from the previous year, and is only
an increase of 0.1%
from the 2.79 billion Brazilian Reals in sales at the company during the first quarter of 2020.
Localiza Rent A Car SA reported sales of 10.31 billion Brazilian Reals (US$2.02 billion)
for the
year ending
December of 2020.
This
represents
a very small
increase of 1.1%
versus 2019, when the company's sales were 10.20 billion Brazilian Reals.
Sales at Localiza Rent A Car SA have increased during each of the previous five years
(and since 2015, sales have increased a total of 162%).
Sales of Fleet Rental saw an increase
that was more than double the company's growth rate: sales were up
20.3% in 2020, from
1.68 billion Brazilian Reals to 2.02 billion Brazilian Reals.
Not all segments of Localiza Rent A Car SA experienced an increase in sales in 2020:
sales of Car Rental fell 2.4% to 8.29 billion Brazilian Reals.