Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
BELO HORIZONTE, Brazil, April 9, 2018 /CNW/ -- Localiza Rent a Car SA (BOVESPA: RENT3, OTCQX: LZRFY), based in Brazil, focused on rental cars, today announced that Mariana Campolina, IR Manager, will present live at VirtualInvestorConferences.com on April 11, 2018.
DATE: Wednesday April 11, 2018
TIME: 1:00 PM ET
This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the association's "virtual trade booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.
It is recommended that investors pre-register and run the online system check to save time and receive event updates.
Learn more about the event at www.VirtualInvestorConferences.com.
Recent Company Highlights
- 36.5% growth in net revenue, reaching R$6.1 billion
- Fleet of 194,279 cars at the end of the period
- Net income of R$563.4 million, representing an increase of 37.6%
- Acquisition and integration of Hertz operations in Brazil.
About Localiza Rent a Car
Localiza operates an integrated business platform comprised of the Car Rental, Franchising, Fleet Rental and Used Car sales businesses. It is the largest car rental company in South America with more than 580 rental locations and a fleet larger than 194 thousand cars in Brazil and other 6 countries in South America.
In Brazil Localiza has a market share of 32.3% in the RAC and is larger than the 2nd and 3rd competitors combined. In 2017, the Company amounted net revenues of more than R$6 bn, net income of R$505.7 million with a net margin of 8.3% and ROIC of 15.6%.
Localiza is listed at Novo Mercado, the highest corporate governance level of the Brazilian Stock Exchange, since 2005.
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
SOURCE Localiza Rent a Car SA
For further information: Localiza Rent a Car: Mariana Campolina, IR Manager, +55(31) 3247-9195, [email protected]; VirtualInvestorConferences.com: John Viglotti, VP, Investor Relations Products and Services, Cision / PR Newswire / MultiVu, +1.201.360.6767, [email protected]