Localiza Rent A Car SA - Company Profile
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Localiza Rent a Car SA (Localiza) is a provider of car rental services. The company also carries out used car sales and franchising services in Latin America. It also offers fleet management services. Localiza operates through a network of franchised car rental agents. Its network includes domestic, foreign franchisees, operating branches in cities in Brazil and other countries in Latin America. The company offers cars on rent for a short-term contact basis to customers and legal business parties or for leisure trips through a chain of owned and franchised branches in airports. The company operates a fleet of cars including owned cars and franchisees cars. Localiza is headquartered in Belo Horizonte, Minas Gerais, Brazil.
Headquarters
Brazil
Address
Avenida Bernardo De Vasconcelos, 377, Cachoeirinha, Belo Horizonte, 31.150-000
Website
www.localiza.com
Telephone
55 31 32479460
No of Employees
20,725
Industry
Business and Consumer Services
Ticker Symbol & Exchange
RENT3 (SAO)
Revenue (2022)
$5.8B
62.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-2.1%
(2022 vs 2021)
Market Cap*
$10.5B
Net Profit Margin (2023)
XYZ
-39.7%
(2022 vs 2021)
* As of and is in US$
Localiza Rent A Car SA premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| - | - |
| Car Rental | Localiza |
| Franchising | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In June, the company announced its plans to launch a follow-on share offering to raise US$935.51 million to expand its car fleet and service network. |
| 2022 | Acquisitions/Mergers/Takeovers | In September, the company has completed the acquisition of Companhia de Locaçao das Americas. |
| 2020 | Plans/Strategy | In September, the company announced its plans to merge with Unidas. |
Competitor Comparison
| Key Parameters | Localiza Rent A Car SA | Avis Budget Group Inc | Hertz Global Holdings Inc | Sixt SE | Movida Participacoes SA |
|---|---|---|---|---|---|
| Headquarters | Brazil | United States of America | United States of America | Germany | Brazil |
| City | Belo Horizonte | Parsippany | Estero | Pullach | Sao Paulo |
| State/Province | - | New Jersey | Florida | Bayern | - |
| No. of Employees | 20,725 | 18,000 | 27,000 | 7,509 | 5,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eugenio Pacelli Mattar | Chairman | Executive Board | - | - |
| Bruno Sebastian Lasansky | Chief Executive Officer | Executive Board | - | - |
| Rodrigo Tavares Goncalves de Sousa | Chief Financial Officer; Investor Relations Officer | Senior Management | - | - |
| Suzana Fagundes Ribeiro de Oliveira | Chief Legal Officer | Senior Management | 2019 | - |
| Luis Fernando Memoria Porto | Vice Chairman | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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