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:
Movida Participacoes SA
(2020
sales of 4.09 billion Brazilian Reals [US$727.54 million]
of which 78%
was Rent a Car),
Mills Estruturas e Servicos de Engenharia SA
(506.34 million Brazilian Reals [US$90.17 million]
of which 83%
was Leasing), and
Unifin Financiera SAB de CV
which is
based in MEXICO
(11.09 billion Mexican Pesos [US$549.02 million]
).
Sales Analysis.
Localiza Rent A Car SA reported sales of 10.31 billion Brazilian Reals (US$1.84 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.