- The presentation provides an overview of Localiza, a car rental company in Brazil, outlining its business divisions, financial performance, and competitive advantages.
- Localiza has three main business divisions: car rental, fleet rental, and used car sales ("Seminovos"). Car rental and fleet rental make up the majority of profits.
- Localiza has competitive advantages in raising capital due to its investment grade credit ratings, buying cars in large volumes, operating in more cities than competitors, and innovating through new technologies.
- The integrated business platform and over 40 years of experience in fleet management allow Localiza to generate profits by renting cars and selling used cars.
This investor presentation summarizes Localiza's business divisions and financial performance:
- Localiza is the largest car rental company in Brazil with over 127,000 vehicles and 507 locations. It has a 33.7% market share in car rental.
- The fleet rental division has over 44,000 vehicles and 1,173 clients, with significant room for growth in Brazil's fragmented market.
- Localiza sells used rental vehicles and has deep expertise in residual values, achieving high profitability from this segment.
This document provides an overview of a car rental company. It discusses the company's history and milestones, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It reviews the financial cycles and profitability of the car rental and fleet rental divisions. The presentation also outlines the company's competitive advantages in raising money through its investment grade credit ratings, large purchase volumes for obtaining better car prices, innovation in services, and expertise in used car sales. In conclusion, it discusses the company's commitment to shareholder value creation through maintaining return on invested capital above its cost of debt.
This presentation provides an overview of Localiza, a Brazilian car rental company. It discusses the company's history and milestones, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions, competitive advantages in raising money, buying cars, renting cars, innovation, and selling used cars. Financial information is presented on the car rental and fleet rental divisions. The presentation also reviews market drivers, locations, and Localiza's leading market share positions in both the car rental and fleet rental markets in Brazil.
This presentation provides an overview of a car rental company, including:
1. The company has grown to become the largest car rental company in Brazil through acquisitions and expansion strategies since being founded in 1973.
2. It operates four main divisions: car rental, fleet rental, used car sales, and franchising.
3. The financials show the car rental and fleet rental divisions are the most profitable parts of the business due to synergies across the integrated platform and expertise in managing assets.
This presentation provides an overview of Localiza, a car rental company based in Brazil. It discusses Localiza's history and growth, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It highlights the company's competitive advantages including scale in purchasing cars, large network of locations, innovation, and expertise in managing assets and used car sales. Financial information is presented on the car rental and fleet rental divisions showing their profitability and returns above Localiza's cost of debt. The Brazilian car rental and fleet rental market is also summarized, noting the fragmented nature of off-airport locations and low penetration of fleet rentals as drivers of future growth opportunities.
This investor presentation provides an overview of Localiza's business divisions, financial performance, and competitive advantages:
- The main business divisions are car rental, fleet rental, and used car sales ("Seminovos"). Car rental and fleet rental contribute most to profits.
- Localiza has a large, integrated business platform that provides synergies across divisions. It is the market leader in car rentals in Brazil.
- The company has strong competitive advantages in raising capital at lower costs, bulk purchasing of vehicles, nationwide network, and innovation.
- Localiza's return on invested capital consistently exceeds its cost of debt, creating value for shareholders.
Localiza Rent a Car S.A. is a car rental company operating in Brazil and South America since 1973. It has three main business divisions: car rental, fleet rental, and used car sales (Seminovos). The document provides an overview of each division and their financial cycles. It also outlines Localiza's competitive advantages in raising money, buying cars, renting cars, and selling cars. Localiza has the largest market share in both the car rental and fleet rental markets in Brazil. Financial metrics show Localiza has higher profitability and lower debt ratios than its competitors.
Localiza is a car rental company based in Brazil that has grown to become the largest car rental company in the country. The presentation provides an overview of Localiza's business divisions including car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as its scale in purchasing cars which allows it to obtain better prices, its large network of locations across Brazil, and its innovations in technology. The financials section shows that Localiza has consistently achieved higher profitability measures like return on invested capital compared to its competitors due to its integrated business model.
This investor presentation summarizes Localiza's business divisions and financial performance:
- Localiza is the largest car rental company in Brazil with over 127,000 vehicles and 507 locations. It has a 33.7% market share in car rental.
- The fleet rental division has over 44,000 vehicles and 1,173 clients, with significant room for growth in Brazil's fragmented market.
- Localiza sells used rental vehicles and has deep expertise in residual values, achieving high profitability from this segment.
This document provides an overview of a car rental company. It discusses the company's history and milestones, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It reviews the financial cycles and profitability of the car rental and fleet rental divisions. The presentation also outlines the company's competitive advantages in raising money through its investment grade credit ratings, large purchase volumes for obtaining better car prices, innovation in services, and expertise in used car sales. In conclusion, it discusses the company's commitment to shareholder value creation through maintaining return on invested capital above its cost of debt.
This presentation provides an overview of Localiza, a Brazilian car rental company. It discusses the company's history and milestones, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions, competitive advantages in raising money, buying cars, renting cars, innovation, and selling used cars. Financial information is presented on the car rental and fleet rental divisions. The presentation also reviews market drivers, locations, and Localiza's leading market share positions in both the car rental and fleet rental markets in Brazil.
This presentation provides an overview of a car rental company, including:
1. The company has grown to become the largest car rental company in Brazil through acquisitions and expansion strategies since being founded in 1973.
2. It operates four main divisions: car rental, fleet rental, used car sales, and franchising.
3. The financials show the car rental and fleet rental divisions are the most profitable parts of the business due to synergies across the integrated platform and expertise in managing assets.
This presentation provides an overview of Localiza, a car rental company based in Brazil. It discusses Localiza's history and growth, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It highlights the company's competitive advantages including scale in purchasing cars, large network of locations, innovation, and expertise in managing assets and used car sales. Financial information is presented on the car rental and fleet rental divisions showing their profitability and returns above Localiza's cost of debt. The Brazilian car rental and fleet rental market is also summarized, noting the fragmented nature of off-airport locations and low penetration of fleet rentals as drivers of future growth opportunities.
This investor presentation provides an overview of Localiza's business divisions, financial performance, and competitive advantages:
- The main business divisions are car rental, fleet rental, and used car sales ("Seminovos"). Car rental and fleet rental contribute most to profits.
- Localiza has a large, integrated business platform that provides synergies across divisions. It is the market leader in car rentals in Brazil.
- The company has strong competitive advantages in raising capital at lower costs, bulk purchasing of vehicles, nationwide network, and innovation.
- Localiza's return on invested capital consistently exceeds its cost of debt, creating value for shareholders.
Localiza Rent a Car S.A. is a car rental company operating in Brazil and South America since 1973. It has three main business divisions: car rental, fleet rental, and used car sales (Seminovos). The document provides an overview of each division and their financial cycles. It also outlines Localiza's competitive advantages in raising money, buying cars, renting cars, and selling cars. Localiza has the largest market share in both the car rental and fleet rental markets in Brazil. Financial metrics show Localiza has higher profitability and lower debt ratios than its competitors.
Localiza is a car rental company based in Brazil that has grown to become the largest car rental company in the country. The presentation provides an overview of Localiza's business divisions including car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as its scale in purchasing cars which allows it to obtain better prices, its large network of locations across Brazil, and its innovations in technology. The financials section shows that Localiza has consistently achieved higher profitability measures like return on invested capital compared to its competitors due to its integrated business model.
Localiza is a Brazilian car rental company with three main business divisions: car rental, fleet rental, and used car sales (Seminovos). It has grown organically and through acquisitions since 1973 to become the largest car rental company in Brazil with over 13,000 vehicles. Localiza benefits from scale advantages in purchasing fleet vehicles and an integrated business platform allowing synergies across divisions. Financial results are driven by car rental and fleet rental with high returns on capital and spreads above cost of debt.
Localiza is a Brazilian car rental company founded in 1973. It has since grown to become the largest car rental company in Brazil through a strategy of expansion into adjacent businesses. It operates four main divisions: car rental, fleet rental, used car sales, and franchising. The presentation provides an overview of each division and highlights Localiza's competitive advantages in raising capital, purchasing vehicles, renting vehicles, and selling used vehicles. It also reviews the company's financial performance and profitability metrics compared to its main competitors in Brazil.
This document provides an overview of Localiza Rent a Car S.A., a car rental company based in Brazil. It discusses the company's history and growth, business divisions including car rental, fleet rental, and used car sales. It provides financial details on the profitability and cycles of each division. The document also analyzes Localiza's competitive advantages such as scale, brand recognition, and distribution network. It includes charts showing market share and performance metrics comparing Localiza to competitors.
This document provides an overview of Localiza Rent a Car S.A., including:
1. The company has three main business divisions: car rental, fleet rental, and used car sales (Seminovos).
2. Localiza has grown significantly since its founding in 1973, becoming the largest car rental company in Brazil through acquisitions and strategic expansion.
3. The company has a large integrated business platform that provides synergies across its divisions and competitive advantages over peers in areas like purchasing power and brand recognition.
Localiza is an integrated mobility platform operating in car rental, fleet rental, and used car sales across Brazil and South America. It has competitive advantages from scale in purchasing fleet vehicles and raising financing. For the first nine months of 2016, Localiza's consolidated revenues grew 11.5% in car rental and 8.3% in fleet rental due to increasing demand and fleet expansion despite economic challenges. Localiza aims to benefit from growing mobility needs and infrastructure investments in Brazil.
This document provides an overview of Localiza, a car rental company in Brazil. It discusses Localiza's business divisions including car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as its scale in purchasing cars which allows it to negotiate better prices. It also notes Localiza's network reach and innovations that enhance customer service. Financial information shows Localiza has higher profitability and lower debt ratios than competitors. The car rental market in Brazil is seen as having growth opportunities due to increasing affordability and infrastructure investments.
This document provides an overview of a car rental company with three main divisions: car rental, fleet rental, and used car sales (Seminovos). It discusses the company's history and expansion, integrated business platform and synergies, financial performance of each division, and competitive advantages. The company has a large scale national presence in Brazil, investment grade ratings, and benefits from being the largest car purchaser in the country. It has a profitable business model focused on car rental and fleet rental.
This document provides an overview of Localiza Rent a Car S.A., including:
1. Localiza has grown significantly since its founding in 1973, becoming the Brazilian car rental leader through acquisitions and expansion into adjacent businesses like fleet rental and used car sales.
2. The company has an integrated business platform across its four divisions that provides synergies and flexibility.
3. Localiza has several competitive advantages, including scale in purchasing cars that allows it to negotiate better prices, a large network of locations across Brazil, and expertise in managing assets over the rental lifecycle.
Localiza is the 25th most valuable brand in Brazil. The presentation provides an overview of Localiza's integrated business platform, which includes car rental, fleet rental, used car sales, and franchising divisions. It discusses Localiza's competitive advantages such as its scale in purchasing cars, network of branches across Brazil, innovation in services, and high client satisfaction ratings. Financial information shows that Localiza has higher profitability measures like return on invested capital compared to its competitors, supported by its diversified business model.
The document provides an overview of Localiza Rent a Car S.A., a Brazilian car rental company. It discusses the company's history and expansion since 1973, its integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions, and key financial metrics for each division. The document also reviews the Brazilian car rental market landscape, Localiza's competitive advantages in raising money, buying cars, renting cars, and selling used cars. In addition, it discusses the car rental industry trends, Localiza's market share and distribution network in Brazil.
Localiza is the 25th most valuable brand in Brazil and the largest car rental company in the country. It has three main business divisions: car rental, fleet rental, and used car sales. The company has a competitive advantage through its scale in purchasing cars, network of locations across Brazil, innovation in services, and ability to generate higher returns than competitors. Localiza aims to continue expanding its integrated business platform and maintaining its leadership position in the car rental market.
This presentation provides an overview of Localiza, a car rental company in Brazil. It discusses the company's history and growth, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It highlights the company's competitive advantages including its scale in purchasing cars, large network of locations, innovation, and expertise in managing assets and selling used cars. Financial information is presented on the profitability of each business division with car rental and fleet rental being the most profitable. The presentation concludes with an agenda covering the company overview, its main business divisions, and financials.
Localiza is a Brazilian car rental company with over 40 years of experience in managing vehicle fleets. It operates in three main divisions: car rental, fleet rental, and used car sales. Localiza has a large scale of operations in Brazil, with competitive advantages in raising capital, purchasing vehicles, and renting cars. It is the market leader in both car and fleet rental. Profitability comes primarily from the rental divisions due to financial cycles that provide positive spreads between revenues and costs. Localiza also benefits from selling used rental vehicles directly to consumers.
Localiza is a Brazilian car rental company with over 40 years of experience in managing vehicle fleets. It operates in three main divisions: car rental, fleet rental, and used car sales. Localiza has a large scale of operations in Brazil, with competitive advantages in raising capital, purchasing vehicles, and renting cars. It has a profitable business model in each division and maintains healthy profitability levels and debt ratios compared to competitors. Localiza's integrated business platform allows it flexibility and superior financial performance.
Localiza is the 25th most valuable brand in Brazil. The document provides an overview of Localiza's integrated business platform, which includes car rental, fleet rental, used car sales, and franchising divisions. It discusses Localiza's competitive advantages in raising money, buying cars, renting cars, and selling used cars. Localiza has a large scale of operations, investment grade credit ratings, purchasing power from OEMs, extensive network of locations, high customer satisfaction ratings, and ability to innovate. Financial information is presented showing Localiza's profitability and returns are higher than competitors.
Localiza Rent a Car S.A. is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil. The presentation provides an overview of Localiza's business divisions, including car rental, fleet rental, and used car sales ("Seminovos"). It discusses Localiza's competitive advantages in raising money, buying cars, renting cars, and selling cars. Financial information is presented on the profitability and returns generated by each business division.
The document provides an overview of Localiza Rent a Car S.A., a Brazilian car rental company. It discusses the company's history and growth, its integrated business platform consisting of car rental, fleet outsourcing, used car sales and franchising divisions, and the financial cycles and competitive advantages of each division. Key metrics on the company's revenues, fleet size, market share, and financial performance are presented. The document also reviews industry trends in car rental and fleet outsourcing in Brazil.
Localiza is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil, with a market share of over 20%. The presentation provides an overview of Localiza's main business divisions - car rental, fleet rental, and used car sales (Seminovos). It highlights Localiza's competitive advantages in raising capital, purchasing vehicles, renting vehicles, and selling used cars. Localiza has consistently achieved higher profitability than its competitors, as demonstrated by its return on invested capital and debt ratios. The presentation also outlines the growth opportunities in the car rental market in Brazil.
This document provides an overview of a car rental company with three main divisions: car rental, fleet rental, and used car sales (Seminovos). It discusses the company's history and expansion, integrated business platform and synergies across divisions. Financial details are given for each division showing profitability comes mainly from car and fleet rental. The company has competitive advantages in raising capital, purchasing vehicles, nationwide presence, and innovation. It has higher profitability and lower debt ratios than competitors.
Localiza Rent a Car S.A. is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil. The presentation discusses Localiza's business divisions, which include car rental, fleet rental, and used car sales ("Seminovos"). It provides an overview of each division and highlights Localiza's competitive advantages, such as its scale, brand recognition, and expertise in managing assets and generating value. Financial information is presented showing Localiza's profitability, return on invested capital, and debt ratios compared to its competitors.
The document provides an overview of Localiza, the 25th most valuable brand in Brazil. It summarizes the company's history since 1973, outlines its main business divisions of car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as scale in vehicle purchases, brand recognition, and innovation which allow it to raise funds at better rates and maintain high customer satisfaction. Financial information shows Localiza has leading profitability metrics like ROIC compared to competitors, demonstrating strong performance.
This document provides an overview of Localiza Rent a Car S.A., including:
- The company's history and growth through phases of rising to #1 in Brazil, expansion, and reaching scale.
- Details on its integrated business platform and main divisions of car rental, fleet rental, and used car sales.
- Financial details on the rental cycles and profitability of each division.
- Competitive advantages through scale in purchasing cars, extensive network, experience managing fleets, and selling directly to consumers.
- Industry drivers like economic growth and trends in car rental distribution in Brazil.
Localiza is a Brazilian car rental company with three main business divisions: car rental, fleet rental, and used car sales (Seminovos). It has grown organically and through acquisitions since 1973 to become the largest car rental company in Brazil with over 13,000 vehicles. Localiza benefits from scale advantages in purchasing fleet vehicles and an integrated business platform allowing synergies across divisions. Financial results are driven by car rental and fleet rental with high returns on capital and spreads above cost of debt.
Localiza is a Brazilian car rental company founded in 1973. It has since grown to become the largest car rental company in Brazil through a strategy of expansion into adjacent businesses. It operates four main divisions: car rental, fleet rental, used car sales, and franchising. The presentation provides an overview of each division and highlights Localiza's competitive advantages in raising capital, purchasing vehicles, renting vehicles, and selling used vehicles. It also reviews the company's financial performance and profitability metrics compared to its main competitors in Brazil.
This document provides an overview of Localiza Rent a Car S.A., a car rental company based in Brazil. It discusses the company's history and growth, business divisions including car rental, fleet rental, and used car sales. It provides financial details on the profitability and cycles of each division. The document also analyzes Localiza's competitive advantages such as scale, brand recognition, and distribution network. It includes charts showing market share and performance metrics comparing Localiza to competitors.
This document provides an overview of Localiza Rent a Car S.A., including:
1. The company has three main business divisions: car rental, fleet rental, and used car sales (Seminovos).
2. Localiza has grown significantly since its founding in 1973, becoming the largest car rental company in Brazil through acquisitions and strategic expansion.
3. The company has a large integrated business platform that provides synergies across its divisions and competitive advantages over peers in areas like purchasing power and brand recognition.
Localiza is an integrated mobility platform operating in car rental, fleet rental, and used car sales across Brazil and South America. It has competitive advantages from scale in purchasing fleet vehicles and raising financing. For the first nine months of 2016, Localiza's consolidated revenues grew 11.5% in car rental and 8.3% in fleet rental due to increasing demand and fleet expansion despite economic challenges. Localiza aims to benefit from growing mobility needs and infrastructure investments in Brazil.
This document provides an overview of Localiza, a car rental company in Brazil. It discusses Localiza's business divisions including car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as its scale in purchasing cars which allows it to negotiate better prices. It also notes Localiza's network reach and innovations that enhance customer service. Financial information shows Localiza has higher profitability and lower debt ratios than competitors. The car rental market in Brazil is seen as having growth opportunities due to increasing affordability and infrastructure investments.
This document provides an overview of a car rental company with three main divisions: car rental, fleet rental, and used car sales (Seminovos). It discusses the company's history and expansion, integrated business platform and synergies, financial performance of each division, and competitive advantages. The company has a large scale national presence in Brazil, investment grade ratings, and benefits from being the largest car purchaser in the country. It has a profitable business model focused on car rental and fleet rental.
This document provides an overview of Localiza Rent a Car S.A., including:
1. Localiza has grown significantly since its founding in 1973, becoming the Brazilian car rental leader through acquisitions and expansion into adjacent businesses like fleet rental and used car sales.
2. The company has an integrated business platform across its four divisions that provides synergies and flexibility.
3. Localiza has several competitive advantages, including scale in purchasing cars that allows it to negotiate better prices, a large network of locations across Brazil, and expertise in managing assets over the rental lifecycle.
Localiza is the 25th most valuable brand in Brazil. The presentation provides an overview of Localiza's integrated business platform, which includes car rental, fleet rental, used car sales, and franchising divisions. It discusses Localiza's competitive advantages such as its scale in purchasing cars, network of branches across Brazil, innovation in services, and high client satisfaction ratings. Financial information shows that Localiza has higher profitability measures like return on invested capital compared to its competitors, supported by its diversified business model.
The document provides an overview of Localiza Rent a Car S.A., a Brazilian car rental company. It discusses the company's history and expansion since 1973, its integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions, and key financial metrics for each division. The document also reviews the Brazilian car rental market landscape, Localiza's competitive advantages in raising money, buying cars, renting cars, and selling used cars. In addition, it discusses the car rental industry trends, Localiza's market share and distribution network in Brazil.
Localiza is the 25th most valuable brand in Brazil and the largest car rental company in the country. It has three main business divisions: car rental, fleet rental, and used car sales. The company has a competitive advantage through its scale in purchasing cars, network of locations across Brazil, innovation in services, and ability to generate higher returns than competitors. Localiza aims to continue expanding its integrated business platform and maintaining its leadership position in the car rental market.
This presentation provides an overview of Localiza, a car rental company in Brazil. It discusses the company's history and growth, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It highlights the company's competitive advantages including its scale in purchasing cars, large network of locations, innovation, and expertise in managing assets and selling used cars. Financial information is presented on the profitability of each business division with car rental and fleet rental being the most profitable. The presentation concludes with an agenda covering the company overview, its main business divisions, and financials.
Localiza is a Brazilian car rental company with over 40 years of experience in managing vehicle fleets. It operates in three main divisions: car rental, fleet rental, and used car sales. Localiza has a large scale of operations in Brazil, with competitive advantages in raising capital, purchasing vehicles, and renting cars. It is the market leader in both car and fleet rental. Profitability comes primarily from the rental divisions due to financial cycles that provide positive spreads between revenues and costs. Localiza also benefits from selling used rental vehicles directly to consumers.
Localiza is a Brazilian car rental company with over 40 years of experience in managing vehicle fleets. It operates in three main divisions: car rental, fleet rental, and used car sales. Localiza has a large scale of operations in Brazil, with competitive advantages in raising capital, purchasing vehicles, and renting cars. It has a profitable business model in each division and maintains healthy profitability levels and debt ratios compared to competitors. Localiza's integrated business platform allows it flexibility and superior financial performance.
Localiza is the 25th most valuable brand in Brazil. The document provides an overview of Localiza's integrated business platform, which includes car rental, fleet rental, used car sales, and franchising divisions. It discusses Localiza's competitive advantages in raising money, buying cars, renting cars, and selling used cars. Localiza has a large scale of operations, investment grade credit ratings, purchasing power from OEMs, extensive network of locations, high customer satisfaction ratings, and ability to innovate. Financial information is presented showing Localiza's profitability and returns are higher than competitors.
Localiza Rent a Car S.A. is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil. The presentation provides an overview of Localiza's business divisions, including car rental, fleet rental, and used car sales ("Seminovos"). It discusses Localiza's competitive advantages in raising money, buying cars, renting cars, and selling cars. Financial information is presented on the profitability and returns generated by each business division.
The document provides an overview of Localiza Rent a Car S.A., a Brazilian car rental company. It discusses the company's history and growth, its integrated business platform consisting of car rental, fleet outsourcing, used car sales and franchising divisions, and the financial cycles and competitive advantages of each division. Key metrics on the company's revenues, fleet size, market share, and financial performance are presented. The document also reviews industry trends in car rental and fleet outsourcing in Brazil.
Localiza is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil, with a market share of over 20%. The presentation provides an overview of Localiza's main business divisions - car rental, fleet rental, and used car sales (Seminovos). It highlights Localiza's competitive advantages in raising capital, purchasing vehicles, renting vehicles, and selling used cars. Localiza has consistently achieved higher profitability than its competitors, as demonstrated by its return on invested capital and debt ratios. The presentation also outlines the growth opportunities in the car rental market in Brazil.
This document provides an overview of a car rental company with three main divisions: car rental, fleet rental, and used car sales (Seminovos). It discusses the company's history and expansion, integrated business platform and synergies across divisions. Financial details are given for each division showing profitability comes mainly from car and fleet rental. The company has competitive advantages in raising capital, purchasing vehicles, nationwide presence, and innovation. It has higher profitability and lower debt ratios than competitors.
Localiza Rent a Car S.A. is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil. The presentation discusses Localiza's business divisions, which include car rental, fleet rental, and used car sales ("Seminovos"). It provides an overview of each division and highlights Localiza's competitive advantages, such as its scale, brand recognition, and expertise in managing assets and generating value. Financial information is presented showing Localiza's profitability, return on invested capital, and debt ratios compared to its competitors.
The document provides an overview of Localiza, the 25th most valuable brand in Brazil. It summarizes the company's history since 1973, outlines its main business divisions of car rental, fleet rental, and used car sales. It highlights Localiza's competitive advantages such as scale in vehicle purchases, brand recognition, and innovation which allow it to raise funds at better rates and maintain high customer satisfaction. Financial information shows Localiza has leading profitability metrics like ROIC compared to competitors, demonstrating strong performance.
This document provides an overview of Localiza Rent a Car S.A., including:
- The company's history and growth through phases of rising to #1 in Brazil, expansion, and reaching scale.
- Details on its integrated business platform and main divisions of car rental, fleet rental, and used car sales.
- Financial details on the rental cycles and profitability of each division.
- Competitive advantages through scale in purchasing cars, extensive network, experience managing fleets, and selling directly to consumers.
- Industry drivers like economic growth and trends in car rental distribution in Brazil.
Localiza is the 25th most valuable brand in Brazil. The document discusses Localiza's business divisions including car rental, fleet rental, and used car sales. It provides an overview of the company's history and growth, integrated business platform, financial performance of each division, and competitive advantages in areas like purchasing power, innovation, and used car sales distribution. Localiza has achieved scale in Brazil and investment grade credit ratings, demonstrating strong profitability and returns over its 42 year history.
Localiza Rent a Car S.A. is a Brazilian car rental company that has grown to become the largest in Brazil over 41 years. It operates in three main divisions: car rental, fleet rental, and used car sales. Car rental makes up the majority of revenues and profits by renting vehicles to individuals and businesses. Fleet rental provides customized fleets for longer term contracts. Used car sales supports the other divisions by reselling vehicles. Localiza has competitive advantages over peers in raising capital at lower costs, bulk purchasing of vehicles, extensive distribution network, and expertise in fleet management that together have allowed it to significantly outperform market and GDP growth.
Localiza Rent a Car S.A. is a Brazilian car rental company that was founded in 1973. It has since grown to become the largest car rental company in Brazil. The presentation provides an overview of Localiza's business divisions including car rental, fleet rental, and used car sales. It discusses the company's financial performance and competitive advantages in raising capital, purchasing vehicles, renting cars, and selling used vehicles. Localiza has an integrated business model that provides synergies across its divisions.
Localiza is the 25th most valuable brand in Brazil operating in the car rental, fleet rental, and used car sales industries. It has a large integrated business platform with competitive advantages in raising capital at better rates, bulk purchasing of vehicles, extensive national distribution network, customer satisfaction and innovation. Localiza has a market leading position in Brazil's car rental market with over 25% share and experiences high profitability from its rental divisions due to over 40 years of experience managing fleet assets and generating value.
Localiza is the largest car rental company in Brazil with a market share of over 23%. It operates in three main divisions: car rental, fleet rental, and used car sales. The company has a competitive advantage through its scale in purchasing fleet vehicles which allows it to acquire cars at better prices. It also has the largest network of rental locations across more branches and cities in Brazil compared to its competitors. Localiza focuses on innovation through new technologies and service enhancements to improve customer satisfaction and maintain its premium brand position in the industry.
This document provides an overview of Localiza Rent a Car S.A., including:
1. The company has three main business divisions: car rental, fleet rental, and used car sales (Seminovos).
2. Localiza has grown significantly since its founding in 1973, becoming the largest car rental company in Brazil through acquisitions and strategic expansion.
3. The company has a large integrated business platform that provides synergies across its divisions and competitive advantages over peers in areas like purchasing power and brand recognition.
This document provides an overview of Localiza Rent a Car S.A., including:
1. The company has three main business divisions: car rental, fleet rental, and used car sales (Seminovos).
2. Localiza has grown significantly since its founding in 1973, becoming the largest car rental company in Brazil through acquisitions and strategic expansion.
3. The company has a large integrated business platform that provides synergies across its divisions and competitive advantages over peers in areas like purchasing power and brand recognition.
This presentation provides an overview of Localiza, a car rental company in Brazil. It discusses Localiza's history and growth, integrated business platform consisting of car rental, fleet rental, franchising, and used car sales divisions. It highlights the company's competitive advantages including scale in purchasing cars which enables better prices, large network of locations across Brazil, innovation through new technologies, and expertise in used car sales. Financial information shows the car rental and fleet rental divisions drive most of the company's profitability.
This document provides an agenda and overview of Localiza, a car rental company in Brazil. It discusses Localiza's business divisions including car rental, fleet rental, and used car sales. It outlines Localiza's competitive advantages such as its scale, brand recognition, and expertise in managing large fleets of vehicles. The document also reviews the growth drivers for the car rental market in Brazil and Localiza's leadership position within the industry.
This document provides an overview and financial information for Localiza, a car rental company in Brazil. It discusses Localiza's business divisions including car rental, fleet outsourcing, and used car sales. It highlights Localiza's competitive advantages such as scale in purchasing cars which allows it to negotiate better prices, its large network of locations across Brazil including areas competitors do not operate, and its expertise in managing fleets and selling used cars. Charts and tables show the growth and financial performance of Localiza's divisions from 2006 to 2013.
Localiza is a Brazilian car rental company founded in 1973. It has grown to become the market leader through strategic acquisitions and expanding into new business divisions over time, including fleet rental, used car sales, and franchising. It has an integrated business platform with synergies across divisions. Localiza has several competitive advantages including its scale in purchasing cars, brand recognition, distribution network, and operational excellence. It aims to continue its strategy of innovation and providing higher value services to customers.
✓ Apresentação institucional de uma das principais locadoras de veículos do Brasil com valor de mercado de R$15,8 bilhões em 30/06/18
✓ Divisões de negócios incluem aluguel de carros, gestão de frotas, seminovos e franquias, com destaque para as divisões de aluguel e gestão de frotas
✓ Vantagens competitivas incluem liderança no mercado, aquisição de veículos em maior volume e melhores condições, e plataforma integrada de neg
Localiza is a Brazilian car rental company that presented at an investor relations presentation in July 2018. The presentation included sections on the company overview, main business divisions, financials, and appendix. Localiza operates in car rental, franchising, fleet rental, and used car sales. It has a market cap of US$4.1 billion and an integrated business platform that provides flexibility and superior performance. Localiza has competitive advantages through its scale in purchasing cars, market leadership in renting cars, and efficiency in selling used cars.
O documento fornece uma visão geral da Localiza, líder de mercado no setor de aluguel de veículos com valor de mercado de R$15,8 bilhões em 30/06/18. Apresenta os principais números da companhia, como uma frota de 208.552 veículos no 2T18, e R$3,6 bilhões em receita líquida no 1S18. Detalha também as vantagens competitivas da Localiza, como maior volume de compra de veículos que permite melhores condições de aquisição, e ampla presença
Localiza is a Brazilian car rental company that held an investor relations presentation in July 2018. The presentation included sections on the company overview, main business divisions, financials, and appendix. Localiza has grown significantly since being founded in 1973, currently has a market capitalization of $4.1 billion, and operates across multiple business divisions including car rental, fleet rental, used car sales, and franchising. The integrated business platform provides synergies and flexibility. Financial results show strong profitability, with the car rental and fleet rental divisions contributing most of the earnings. Localiza has several competitive advantages including scale, brand recognition, an efficient used car sales program, and innovation.
O documento fornece uma visão geral da Localiza, líder de mercado no setor de aluguel de veículos com valor de mercado de R$15,8 bilhões em 30/06/18. Apresenta os principais números da companhia, como uma frota de 208.552 veículos no 2T18, e R$3,6 bilhões em receita líquida no 1S18. Detalha também as vantagens competitivas da Localiza, como maior volume de compra de veículos que permite melhores condições, e liderança no aluguel de
- The company exceeded 200,000 vehicles in its fleet for the first time at the end of 2Q18, with 208,552 vehicles. Car rental and fleet rental volumes grew 47.9% and 21.4% respectively in 2Q18.
- Consolidated net revenues increased 29.3% in 2Q18. Excluding the impacts of a truck drivers' strike and payroll, EBITDA would have grown approximately 30% and net income 32% compared to 2Q17.
- The end of period fleet grew strongly, with a 45% increase in car rental vehicles and the company surpassing 200,000 total vehicles for the first time.
1) A empresa superou a marca de 200 mil carros na plataforma no 2T18, com crescimento de 47,9% no aluguel de carros e 21,4% na gestão de frotas.
2) O EBITDA consolidado foi de R$347,6 milhões no 2T18, um crescimento de 16,4% em relação ao ano anterior, apesar dos impactos da greve de caminhoneiros.
3) A receita líquida consolidada cresceu 29,3% no 2T18, totalizando R$1,74 bil
The document reports on Localiza's performance in the first quarter of 2018. It shows that Localiza increased its market share in the car rental market to 52.2% and maintained its market share in the fleet rental market. Localiza's key operating metrics like number of cars sold, rental days, and fleet size all grew compared to the first quarter of 2017. The company experienced strong revenue, income, and cash flow growth. Consolidated revenues grew 36.1% and EBITDA grew 33.8% compared to the first quarter of 2017.
O documento apresenta os resultados financeiros e operacionais da Localiza no 1T18. A Localiza teve forte crescimento no período, com aumento de 38% na receita líquida e 46,3% no lucro líquido em comparação com o mesmo período do ano anterior. A participação de mercado da Localiza no mercado de aluguel de carros foi de 52,2%, mantendo a liderança no setor.
Localiza is a Brazilian car rental company founded in 1973. It has since expanded into several business divisions including car rental, fleet rental, used car sales, and franchising. The presentation provides an overview of Localiza's history, competitive advantages, financial performance, and each of its main business divisions. Localiza has achieved significant growth and scale, with a market capitalization of over $5 billion as of March 2018. Its integrated business platform and 44 years of experience in fleet management have allowed it to generate higher returns than its cost of debt.
1) A Localiza é líder de mercado no aluguel de carros e gestão de frotas no Brasil, com valor de mercado de R$18,6 bilhões em abril de 2018.
2) A empresa tem vantagens competitivas como maior escala de operação, reconhecimento da marca, tecnologia e excelência operacional.
3) As divisões de aluguel de carros e gestão de frotas são as mais rentáveis e geram caixa para renovar a frota e pagar dívidas.
This document provides an overview of Localiza, a Brazilian car rental company. It discusses Localiza's business divisions including car rental, fleet rental, used car sales, and franchising. It highlights Localiza's competitive advantages such as its integrated business platform, leadership in car purchasing which allows better conditions, largest distribution network in Brazil, and innovation in digital technologies. Financial information is presented showing Localiza's profitability comes primarily from its car rental and fleet rental divisions. [/SUMMARY]
1. Apresenta visão geral da Localiza, sua história, principais divisões de negócios e dados financeiros do 1T18.
2. Destaca as vantagens competitivas da Localiza, incluindo captação de recursos em melhores condições, maior volume de compra de carros e liderança no aluguel de carros.
3. Explica o ciclo financeiro do aluguel de carros, onde a receita da venda dos carros no final do ciclo de um ano compensa os custos fixos e variáveis.
1) A Localiza é líder no mercado brasileiro de aluguel de carros com valor de mercado de R$18,6 bilhões e frota de 193.260 carros no 1T18.
2) Sua principal fonte de receita e lucratividade está nas divisões de aluguel de carros e gestão de frotas.
3) As vantagens competitivas incluem maior escala de operação, reconhecimento da marca, excelência operacional e inovação tecnológica.
Localiza is a Brazilian car rental company founded in 1973. It has grown to become a market leader through strategic acquisitions and expanding into adjacent business areas like used car sales, fleet rental, and franchising. The presentation reviews Localiza's business divisions and competitive advantages, including its integrated business platform, scale in purchasing cars, brand recognition, and focus on innovation. Financial information for the first quarter of 2018 shows the company's profitability comes mainly from car rental and fleet rental.
Localiza is a Brazilian car rental company founded in 1973. It has grown to become the market leader through strategic acquisitions and expanding into adjacent business lines like fleet rental, used car sales, and franchising. The presentation reviews Localiza's history, integrated business platform, financial performance, and competitive advantages. It achieves higher profitability than peers through scale benefits, lower funding costs, and operational efficiencies across its business divisions.
O documento apresenta a Localiza, líder no mercado brasileiro de aluguel de carros. Resume suas principais divisões de negócios, dados financeiros de 2017 e vantagens competitivas, como escala de operações, marca reconhecida e excelência operacional. A Localiza tem foco em geração de valor para acionistas com rentabilidade consistente e retorno sobre capital investido acima do custo da dívida.
O documento apresenta a Localiza, líder no mercado brasileiro de aluguel de carros. Resume suas principais divisões de negócios, vantagens competitivas e desempenho financeiro, destacando o aluguel de carros e gestão de frotas como suas divisões mais rentáveis.
- The company reported strong growth in 2017 with net revenue reaching R$6.1 billion, a 36.5% increase. Fleet size ended at 194,279 cars.
- Net income increased 37.6% to R$563.4 million. The company acquired Hertz operations in Brazil and integrated them.
- Car rental segment saw 48.2% volume growth in 4Q17 and net revenue growth of 35.4% for the year. Fleet rental also experienced solid gains.
- The company invested heavily in fleet expansion, adding over 52,000 cars. Free cash flow before growth spending was R$871.8 million.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the what'sapp contact of my personal pi merchant to trade with
+12349014282
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
2. 1. Company overview
2. Main business divisions
Car Rental
Fleet Rental
Seminovos
3. Financials
Appendix: Earnings release 3Q17
Agenda
2
3. Company: milestones
3
1973
Founded in Belo
Horizonte with 6
VW Beetles
1979
Expasion to 11
capital cities
becoming market
leader in 1981
1984
Expansion strategy
by adjacencies:
Franchising
1991
Expansion strategy
by adjacencies:
Seminovos
1992
Internationalization
through Franchising
1997
PE firm DL&J enters at a
market cap of US$150 mm
1999
Expansion strategy
by adjacencies:
Fleet Rental
2005
IPO with a Market Cap
of US$295 mm
2014
Beginning of
Digitak Transformation
2017
Strategic partnership
with Hertz ‐
Market Cap US$3
Billion
Phase I: Rise to #1 Phase II: Expasion
Phase III:
Reaching Scale
Phase IV: Digital
Transformation
4. Company: integrated business platform
Synergies:
bargaining power
cost reduction
cross selling
13,514 cars
136 locations in Brazil
70 locations in South America
36 employees
45.7% sold to final consumer
93 stores
60 cities
1.080 employees
127.221 cars
6.8 million clients
371 locations
4,294 employees
44,655 cars
1,173 clients
259 employees
Based on the 3Q17 4
Car Rental Fleet Rental
SeminovosFranchising
This integrated business platform gives Localiza flexibility and superior performance.
Operations: 514
employees
Overhead: 463
employees
5. 5
Company: Business platform divisions
Car Rental
Rents to individuals and
companies at airports
and off airport locations.
Franchising
Contributes to expand
the Localiza’s network.
Fleet Rental
Outsources fleet for 2-3
years term contracts.
Used Car Sales
Sells the used cars mainly
to final consumers after
the rental and estimates
the residual values.
High fixed cost
Fleet utilization
management
1 year cycle
Rental store network
scattered all over
Brazilian territory
Gains of scale
Capital intensive
Concentrated airport
market
Fragmented off airport
market
Supports RAC and Fleet
Divisions
Reduces depreciation
Know How of used cars
market
Low dependence on
intermediates
High profitability
Low contribution to
earnings
Low fixed cost
Customized fleet
2-3 years cycle
Low entry barriers
Capital intensive
6. 6
Net car sale
revenue
R$31.61 year cycle
Car Rental Division - 2016 Financial Cycle
Per car
R$35.2
Average car price
(past 2 years)
1 2 3 4 5 6 7 8 9 10 11 12Expenses, interest and tax
Revenue
Total
1 year
R$ % R$ % R$
Net revenues 20.3 100.0% 34.6 100.0% 55.0
Costs - fixed and variable (10.1) -49.5% (10.1)
SG&A (3.7) -18.1% (3.1) -8.9% (6.8)
Net revenues of car sold 31.6 91.1% 31.6
Book value of car sold (30.0) -86.6% (30.0)
EBITDA 6.6 32.3% 1.6 4.6% 8.2
Cars Depreciation (1.3) -3.6% (1.3)
Others depreciation (0.3) -1.7% (0.1) -0.4% (0.5)
Financial expenses (2.5) -7.2% (2.5)
Taxes (1.9) -9.2% 0.7 2.0% (1.2)
Net Income (Loss) 4.4 21.5% (1.6) -4.6% 2.8
NOPAT 5.0
ROIC 14.2%
Cost of debt after taxes 10.2%
Car Rental Seminovos
Per car soldPer operating car
7. 7
Net car sale
revenue
R$29.2
3 year cycle
Fleet Rental Division - 2016 Financial Cycle
Per car
1 2 3 4 5 6 31 32 33 34 35 36Expenses, interest and tax
Revenue
R$42.9
Average car price
(past 2 years)
Total
3 years
R$ % Seminovos % R$
Net revenues 61.3 100.0% 32.0 100.0% 93.3
Costs - fixed and variable (18.2) -29.7% (18.2)
SG&A (3.6) -5.8% (2.9) -8.9% (6.4)
Net revenues of car sold 29.2 91.1% 29.2
Book value of car sold (25.7) -80.4% (25.7)
EBITDA 39.5 64.5% 3.4 10.7% 42.9
Cars Depreciation (11.1) -34.8% (11.1)
Others depreciation (0.3) -0.4% (0.2) -0.5% (0.4)
Financial expenses (6.5) -20.2% (6.5)
Taxes (11.8) -19.2% 4.3 13.5% (7.5)
Net Income (Loss) 27.5 44.8% (10.1) -31.4% 17.4
Net Income (Loss) - per year 9.2 44.8% (3.4) -31.4% 5.8
NOPAT 8.1
ROIC 18.9%
Cost of debt after taxes 10.2%
Per operating car
Fleet Rental Seminovos
Per car sold
8. 8
9M17 Consolidated breakdown
R$ millions
R$ 151
16%
R$ 338
37%
R$ 439
47%
R$ 283
39%
R$ 446
61%
Net Revenues
R$4,249
EBITDA
R$928**
R$ 2,425
57%
R$ 538
13% R$ 1,286
30%
EBIT*
R$729**
*Seminovos results recorded in the Car Rental and Fleet Rental Divisions
**9M17 adjusted financials
Company’s profitability comes from
Car Rental and Fleet Rental Divisions.
9. Raising
money Buying
cars
Renting Cars Selling
Cars
Cash to renew the fleet or pay debt
$
Profitability comes from rental divisions
Competitive advantages
$
9
44 years of experience in managing assets and generating value.
10. Competitive advantages: raising money
Global Scale
National Scale
As of November, 2017.
BB+ Fitch
Ba2 Moody’s
BB+ S&P
Baa1 Moody´s B+ S&P
Ba3 Moody´s
BB S&P
brAAA S&P
Aa1.br Moody’s
AAA(bra) Fitch
A+(bra) Fitch
AA- (bra) Fitch
brA+ S&P
AA- (bra) Fitch
brA+ S&P
A(bra) Fitch
10
Investment grade: lower spreads and longer tenors
Source: Bloomberg .
Raising
money Buying
cars
Renting Cars Selling
Cars
$
Localiza raises money with better conditions then its competitors.
12. Raising
money Buying
cars
Renting Cars Selling
Cars
12
Competitive advantages: buying cars
Number of cars purchased - 2016
* Includes Franchising.
Source: each company website and ANFAVEA
Localiza’s share in the internal sales
of Main OEMs below - 2016
4.7%
$
Localiza buys cars with better conditions due to the volume of purchases.
92,671
45,114
26,709
9,122
Localiza Movida Unidas Locamerica
*
13. Raising
money Buying
cars
Renting Cars Selling
Cars
13
Competitive advantages: renting cars
Brand
Brazilian distribution
#ofbranches#ofcities
Source: Each company website on 11/30/2017, 3Q17 Earnings Release for Localiza and 2Q17 earnings release for Localiza´s competitors.
$
The Company is present in 173 cities where the other largest networks do not operate.
484507
79
222
183
Localiza Competitors
400
146
53 96
Localiza Unidas Hertz Movida
14. Raising
money Buying
cars
Renting Cars Selling
Cars
14
Localiza Fast®
Mobile‐based counter bypass:
Provides agility and control
over the car rental experience.
Customers can pick‐up car
bypassing our counter
Ponto Mobi Award – Top 20
digital
Localiza Way®
New platform to offer
value‐added services
Connected Shuttle
Optimization of
customer shuttle service
at airports
Anti fraud
Taylor‐made solution for
fraud prevention in car
rentals
Competitive advantages: Innovation
$
Constant innovations allow maintenance of the premium service.
Booking assistant by
Facebook / messenger.
Chatbot®
16. Raising
money Buying
cars
Renting Cars Selling
Cars
16
Sales to final consumer
Competitive advantages: selling cars
Buffer: additional fleet during
peaks of demand
Large database
$
Deep know how of used car market: consumer preference, pricing and residual value
NPS of 62,6 (internal survey made after the purchase)
17. 17
ROIC versus cost of debt after taxes
Localiza is committed to value creation for its shareholders
ROIC considered effective income tax rate
ROIC Cost of debt after taxes
6.3% 6.0%
8.0%
9.5% 10.2%
8.2%
16.9% 16.7%
17.8%
17.0%
15.4%
15.9%
2012 2013 2014 2015 2016 9M17
9.8p.p.
10.6p.p. 10.7p.p. 7.5p.p. 5.2p.p. 7.7p.p.
annualized
adjusted
18. 18
1. Company overview
2. Main business divisions
Car Rental
Fleet Rental
Seminovos
3. Financials
Appendix: Earnings release 3Q17
Agenda
20. 20
Drivers
Source: BCB and Localiza rates
Car rental affordability
Source: IPEADATA , Localiza’s loyalty program and SPC
Brasil research * jun/2013
6.8 million
84 million
Adult population
(age > 20 years)
Class A+B+C
65 million
Credit Card
Owners
Increasing affordability and low penetration in leisure trips brings growth opportunities.
180
200 240
260
300350 380
415
465
510
545
622
678
724
788
880
38% 37%
35% 31%
27%
22% 20% 18% 16% 15% 15% 13% 13% 12%
11% 9%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Monthly minimum salary (R$) Daily rental price over minimum salary (%)
* The research indicated that 77% of the population owns at least one credit card. The population was 80% class A,B and C members and 20% class
D and E members.
21. 21
Source: ABLA, each company’s website on 11/30/2017 and Localiza´s 3Q17 Earnings Release
Airport locations Off-airport locations
Car Rental Locations in Brazil
Off‐airport market is still fragmented.
22. 22
Market Share
Gross Revenue - Car Rental 2016
Source: ABLA and Companies’ Financial Statements.
Localiza’s market share is higher than the 2nd and 3rd players together.
33.7%
13.5%
7.6%
45.2%
Localiza
(includes franchising)
Movida
Unidas
Others
Market size:
R$5.1 billion
23. 23
1. Company overview
2. Main business divisions
Car Rental
Fleet Rental
Seminovos
3. Financials
Appendix: Earnings release 3Q17
Agenda
24. 24
Number of clients
Fleet Rental overview
Compact
cars 36.9%
Others
63.1%
9M17 Fleet composition
44,655 cars
End of period fleet
729 760
798 849
925 1,173
2012 2013 2014 2015 2016 9M17
32,104 32,809 34,312 33,948 34,960
44,655
2012 2013 2014 2015 2016 9M17
25. 25
Rented fleet penetration
Corporate fleet:
5,000,000*
Rented fleet:
440,737**
44,655
Brazilian Market World
8.8% 8.9%
13.3%
16.5%
24.5%
37.4%
46.9%
58.3%
Drivers
Low penetration of rented fleet in Brazil.
Source: Datamonitor for European countries and Localiza’s estimate for Brazil
*Frost&Sullivan research
**Localiza estimates
27. 27
1. Company overview
2. Main business divisions
Car Rental
Fleet Rental
Seminovos
3. Financials
Appendix: Earnings release 3Q17
Agenda
28. 28
# of points of sale
Car sales – operating data
# Number of cars sold (quantity)
Efficiency gain on car sales.
73 74 75 77 84 93
2012 2013 2014 2015 2016 9M17
56.644
62.641
70.621
64.305 68.449 64.451
2012 2013 2014 2015 2016 9M17
29. 29
Used car sales drivers:
affordability and penetration
Affordability to buy cars – Public Price of the most
basic Gol
300 350
380
415
465
510
545
622
678
724
788
880
84
71 69
61
55
51 49
43 43 43 41 41
‐
10
20
30
40
50
60
70
80
90
‐100
‐
100
200
300
400
500
600
700
800
900
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Minimum wage (R$) Minimum wages to buy a new car
7.9
7.7
7.3
6.9
6.5
6.0
5.7
5.3
5.0 4.9 4.8 4.8
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
# of inhabitants per car – Brazil 2005 ‐ 2016
Source: Sindipeças ‐ Current Fleet Report 2016, as of April 2016.
Developed countries maintain a ratio between 1 ‐ 2
cars per inhabitant.
Source: BCB and Localiza
Reference: to calculate the minimum wages to buy a new car we used
the public price of the Vehicle type Gol.
30. 30
Brazilian car market:
new x used car market and affordability
Source: FENABRAVE (light and commercial cars)
* Annualized on 09/30/2017
In million of cars
Total market of 12.7 million cars.
8.4 8.9 9.0 9.4
10.1 9.9 10.0
10.6
3.3 3.5 3.6 3.6 3.3
2.5
2.0 2.1
2010 2011 2012 2013 2014 2015 2016 2017*
New cars
Used cars
2.5x 2.5x2.6x 2.6x 3.1x 4.0x
5.0x 5.0x
31. 31
2016 Up to 2 years
313,274
2016 Brand new
1,986,3622016 Used cars
10,008,769
0.7% 3.4% 21.8%
Car sales – operating data
Source: Anfavea and Fenabrave
Unidas, Locamerrica and Movida websites
Examples • Retailers • Dealers • Rental operators • “Auto malls”
Points of sale • 48,000 (Fenauto) • 4,393 (Anfavea)
• +120 (Unidas,
Movida, Locamerica)
• 71 (Fenauto)
Main players
32. 32
1. Company overview
2. Main business divisions
Car Rental
Fleet Rental
Seminovos
3. Financials
Appendix: Earnings release 3Q17
Agenda
33. 33
3Q17 Operational Highlights
# of Cars sold
Rental days evolution (thousand)– Car Rental Rental days evolution (thousand)– Fleet Rental
Fleet at end of the period
87,897
127,221
34,437
44,655
13,868
13,514
136,202
185,390
3Q16 3Q17
Car Rental Fleet Rental Franchising
17,379
23,941
3Q16 3Q17
4,846
6,587
3Q16 3Q17
2,812
3,241
3Q16 3Q17
+10,218
+39,324
34. Net Revenues - (R$ million) EBITDA - (R$ million)
Net Income (R$ million)
103.9
139.5
3Q16 3Q17 Adjusted
3Q17 Financial Highlights
34
EBIT (R$ milhões)
592.9
898.4
366.8
476.5 163.5
188.5
1,123.2
1,563.4
3Q16 3Q17
Seminovos RAC and frachising Fleet Rental
252.1
332.3
3Q16 3Q17 Adjusted
187.8
263.9
3Q16 3Q17 Adjusted
21.5
16.3
21.5
One‐time costs incurred ‐ Hertz Brasil acquisition
and Franchisees incorporation
One‐time costs incurred ‐ Hertz Brasil acquisition
and Franchisees incorporation, after taxes
One‐time costs incurred ‐ Hertz Brasil acquisition
and Franchisees incorporation
35. Hertz Brasil – Sucess of the integration
Rebranding with the new brand Localiza Hertz
Fleet contracts transferred to Localiza Fleet
Integration of Hertz Brasil´s and Localiza´s locations
8.386 cars integrated to the Localiza´s fleet
Inbound/outbound reservation system already integrated
Localiza´s clients have acess to over 10,000 Hertz locations around the globe
Data and client base consolidation
Closing on 09/01/2017
Next steps: Increase of the commercial opportunities, inbound / outbound
and know-how exchange
35
36. ONE-TIME COSTS
3Q17
Incurred
4Q17
Estimated
Total
Estimated
RAC Costs:
Hertz: rebrand, structure and networking reduction (2.1) (40.0) (42.1)
Franchise integration (12.7) (12.7)
RAC - Total costs (14.8) (40.0) (54.8)
SG&A
Hertz: structure and networking reduction (6.7) (20.0) (26.7)
Total SG&A (6.7) (20.0) (26.7)
Total One-time Costs (21.5) (60.0) (81.5)
CONSOLIDATED RESULTS
3Q17
actual
One-off
3Q17
Adjusted
Net revenues 1,563.4 1,563.4
Total costs and expenses (1,252.6) 21.5 (1,231.1)
EBITDA 310.8 21.5 332.3
Depreciation (68.4) (68.4)
EBIT 242.4 21.5 263.9
Financial expenses, net (79.4) (79.4)
Income tax and social contribution (39.8) (5.2) (45.0)
Net income 123.2 16.3 139.5
3Q17 financial results were adjusted to exclude the impact of one-time costs resulting from the acquisition of
Hertz´s operations in Brazil (R$8.8 million) and the integration of 17 franchised locations (R$12.7 million) :
One-time costs 3Q17
Note: non-incurred one-time costs were not provisioned in 3Q17 because, on 09/30/2017, such expenses were not bound
to be regarded as provision according to the rules imposed by Technical Pronouncement CPC # 25 – Provisions,
Contingent Liabilities and Contingent Assets. 36
37. 1,093.7 1,163.5
1,284.4 1,258.0
1,428.0
1,030.0
1,273.6
362.5 472.6
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
37
Number of Daily Rentals (thousand)
35.9% RAC daily rentals growth and 30.4% growth in net revenues in 3Q17
13,749 14,242 15,416 15,566
18,662
13,397
17,461
4,846
6,587
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
Car Rental
Net Revenues (R$ million)
38. 38
Utilization Rate – Car Rental
The average daily rental rate and utilization rate remained flattish in 3Q17
when compared with 2Q17
Car Rental
Average daily rental rate – In R$
73.4% 73.7%
75.3%
71.5% 73.5% 74.7% 74.3%
1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17
83.6
79.4 77.7 78.6 79.3
74.1 74.1
1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17
39. Car Rental network evolution
Number of car rental locations Brazil and abroad (does not include Hertz Brazil)
38 corporate branches were added to the network in 9M17
Localiza´s branches - Brazil Franchisees´ branches - Brazil Franchisees´ branches - abroad
272 286 304 320 333 371
202 193 172 174 158 136
50 63 64 70 70 70
524 542 540 564 561 577
2012 2013 2014 2015 2016 9M17*
+38
*Does not include Hertz Brasil branches
40. 40
Fleet Rental
535.7 575.9 571.9 608.5 651.8
481.3
538.2
163.5 188.5
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
10,601 10,844 10,363 10,901 11,240
8,318 9,184
2,812 3,241
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
Net Revenues (R$ million)
Number of Daily Rentals (thousand)
15.3% growth in daily rentals and net revenues in 3Q17
41. Purchases (includes accessories) Used car sales net revenues
Cars purchased Cars sold
41
Net investment Fleet Expansion (reduction)* (quantity)
Net Investment in Fleet (R$ million)
2,011
7,103
* It does not consider theft / crashed cars.
9,183
465.0
(273)
58,655
69,744
79,804
64,032
87,833
59,912
108,271
28,903
57,213 56,644 62,641 70,621 64,305 68,449
47,566
64,451
17,379 23,941
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
1,618.8
2,026.2
2,483.2
2,278.4
3,289.6
2,211.9
4,316.6
1,078.0
2,208.9
1,520.0 1,747.3
2,018.2 2,044.9
2,342.6
1,609.3
2,424.7
592.9
898.4
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
108,271 cars purchased in 9M17, 57,213 of which were purchased in 3Q17,
including Hertz Brasil
98.8
278.9 233.5
19,384
947.0
12,346
602.6
485,1
43,820
33,272
1,891.9
1,310.5
11,524
267
100,109
8,162
8,162
49,051 267
64,184
23,674
9.04,030.1
286.5
286.5
1,922.4 9.0
2,415.7
889.4
Hertz Brasil
Hertz Brasil
42. 42
Number of points of sale
New points of sale will be added to support the fleet renewal
73 74 75 77 84 79
93
56,644 62,641
70,621
64,305 68,449
47,566
64,451
‐50,000
‐30,000
‐10,000
10,000
30,000
50,000
70,000
‐10
10
30
50
70
90
110
130
150
2012 2013 2014 2015 2016 9M16 9M17
Points of sale Cars sold
43. 43
End of period fleet
Quantity
Car Rental Fleet Rental Franchising
Increase of 39,324 cars in the Rent a Car Division without impacting utilization rates
65,086 70,717 77,573 76,755 94,156 87,897
127,221
32,104 32,809 34,312 33,948
34,960 34,437
44,655
14,545 14,233 13,339 13,992
14,015 13,868
13,514
111,735 117,759 125,224 124,695
143,131 136,202
185,390
2012 2013 2014 2015 2016 9M16 9M17
+10,218
+39,324
185,390 cars as of 09/30/2017
44. 44
Consolidated net revenues
R$ million
Rental Used car sales
39.2% increase in consolidated revenues in 3Q17
1,646.7 1,758.9 1,874.0 1,883.1 2,096.8 1,523.9 1,824.1
530.3 665.0
1,520.0 1,747.3 2,018.2
2,044.9
2,342.5
1,609.4
2,424.7
592.9 898.4
3,166.7 3,506.2 3,892.2 3,928.0
4,439.3
3,133.3
4,248.8
1,123.2
1,563.4
2012 2013 2014 2015 2016 9M16 9M17 3Q16 3Q17
45. 45
Consolidated EBITDA
R$ million
(*) It considers the new appropriation criteria of the overhead, which is also appropriated to Seminovos.
(**)3Q17 and 9M17 adjusted financials
31.8% EBITDA increase in 3Q17
Divisions 2012 2013 2014* 2015 2016 9M16 9M17 3Q16 3Q17
Car Rental 40.9% 36.8% 38.7% 31.8% 32.3% 32.7% 34.2%** 31.9% 32.2%**
Fleet Rental 66.4% 65.5% 60.0% 62.2% 64.5% 64.7% 62.7% 64.5% 63.4%
Rental Consolidated 49.3% 46.5% 45.3% 41.7% 42.3% 42.9% 42.6%** 42.1% 41.0%**
Used Car Sales 4.2% 5.7% 6.0% 7.3% 5.5% 5.6% 6.2% 4.9% 6.6%
EBITDA margin:
875.6 916.5 969.8 934.8 1,015.6
744.6
927.9
252.1
332.3
2012 2013 2014 2015 2016 9M16 9M17
Adjusted
3Q16 3Q17
Adjusted
Incurred One‐time costs acquisition Hertz Brasil and Franchisees
21.5
21.5
46. 1,896
1,452 1,270
622
1,251 1,351
2012 2013 2014 2015 2016 9M17 annualized
46
Average annual depreciation per car
(in R$)
Car Rental
Depreciation is impacted by the new and used car market, as well as by the cost to sell
Fleet Rental
3,972
5,408
4,311
4,592 4,202 3,935 3,714
3,105
2012 2013 2014 2015 2016 9M17 annualized
2,076
IPI effect
1,097
IPI Effect
52. 52 52
Strong cash position and comfortable debt profile
1,939.4
111.3
435.6 685.6
1,420.0
672.5 500.0 500.0
700.0
350.0
350.0
Cash 2017 2018 2019 2020 2021 2022 2023 2024
1,232.52,289.4
Pro‐Forma with 4th debentures issuance of Localiza Fleet, completed in October. 2017
1,050.0
Debt maturity profile (principal)
R$ million
As of September 30, 2017
Includes 4th issuance of Localiza Fleet completed in October 2017
53. 53
Debt - ratios
Net debt vs. Fleet value
BALANCE AT THE END OF PERIOD 2012 2013 2014 2015 2016 9M17
Net debt / Fleet value 48% 48% 40% 44% 45% 49%
Net debt / EBITDA(*) 1.4x 1.5x 1.4x 1.7x 2.1x 2.6x
Net debt / Equity 0.9x 1.0x 0.8x 0.8x 0.9x 1.3x
EBITDA / Net financial expenses 6.3x 8.3x 6.4x 4.6x 4.2x 4.2x
Net debt Fleet value
The Company continues to present solid debt ratios
(*)Annualized
1,231.2 1,332.8 1,322.3 1,588.6
2,084.0
3,238.3
2,547.6 2,797.9
3,296.3 3,642.7
4,623.6
6,588.6
2012 2013 2014 2015 2016 9M17
54. 54
ROIC versus cost of debt after taxes
ROIC considered each year’s effective income tax rate
ROIC Cost of debt after taxes
ROIC improvement and lower interest rates have increased the spread
6.3% 6.0%
8.0%
9.5% 10.2%
8.2%
16.9% 16.7%
17.8%
17.0%
15.4%
15.9%
2012 2013 2014 2015 2016 9M17
9.8p.p.
10.6p.p. 10.7p.p. 7.5p.p. 5.2p.p. 7.7p.p.
annualized
adjusted
55. 55
Disclaimer
Website: www.localiza.com/ir E-mail: ri@localiza.com Phone: 55 31 3247-7024
Roberto Mendes
CFO and IR
Nora Lanari
Head of IR
Eugênio Mattar
CEO
The material presented is a presentation of general background information about LOCALIZA as of the date of the presentation. It is information in summary
form and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. No representation or warranty, express or
implied, is made concerning, and no reliance should be placed on, the accuracy, fairness, or completeness of the information presented herein.
This presentation contains statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements are only projections and are not guarantees of future performance. Investors are cautioned
that any such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the operations and
business environments of LOCALIZA and its subsidiaries that may cause the actual results of the companies to be materially different from any future results
expressed or implied in such forward-looking statements.
Although LOCALIZA believes that the expectations and assumptions reflected in the forward-looking statements are reasonable based on information
currently available to LOCALIZA’s management, LOCALIZA cannot guarantee future results or events. LOCALIZA expressly disclaims a duty to update any of
the forward-looking statement.
Securities may not be offered or sold in the United States unless they are registered or exempt from registration under the Securities Act of 1933.
This presentation does not constitute an offer, invitation or solicitation of an offer to subscribe to or purchase any securities. Neither this presentation nor anything
contained herein shall form the basis of any contract or commitment whatsoever.
Mariana Campolina
IR Manager
56. Institutional Investor Magazine Ranking:
Best CEO (Eugênio Mattar)
Best CFO (Roberto Mendes)
Best IR Professional (Nora Lanari)
Best IR Program
Best IR Team and Best Website
Transparency Trophy 2017 ‐ Anefac
Seal of Excellence in Franchising ‐ Brazilian Franchising Association
11th company with the highest ROE in the last 5 years ‐ Economática
Justice Friend “ Empresa Amiga da Justiça”‐ Court of Justice of São Paulo
Best Company in Service Delivery ‐ Alshop Lojista 2016
42nd in the ranking "The Most Valuable Brands of Brazil 2017" ‐ Istoé Dinheiro Magazine
Among the 10 most admired RHs in Brazil ‐ Gestão & RH Magazine
“Estadão Empresas Mais” Award ‐ 3rd place in the Services category
100 Best Companies in Customer Satisfaction ‐ MESC Institute ‐ 15th place
Architecture Excellence Awards ‐ iCMG Think Architecture ‐ 1st place category transport
Company of the Year ‐ Common Market Magazine
11th place in the Mobility Index 2017 ‐ Pontomobi Linked by Isobar
Certified Compliance & Ethics Professional ‐ CEB (Compliance Certification Board)
Awards