Localiza Rent a Car SA

• Country

  Brazil

• Sector

  Industrials

• Industry group

  Transportation

• Industry

  Ground Transportation

• Sub-sector

  Industrials

• Capitalization (millions of $)

  10915.3

• Ticker

  LZRFY.PK

• ISIN

  US53956W3007

• IPO date

  2005-05-06

• Availability on Russian exchanges

  No

• Reporting for

  2024-03-12

• Date fact. publication of reports

  2023-12-31

Localiza Rent a Car SA (Localiza) is a Brazil-based company primarily involved in the car and fleet rental. The Company divides its business into three sectors: Car Rental division, which is responsible for car rental through its own agencies; Fleet Rental division, which is engaged in rental of fleet vehicles to corporations for long-term periods, and Franchising division, which is active in the administration and granting of franchise rights to use the Company’s brand, including the transfer of knowledge necessary for the operation of the business. Through its subsidiary Prime Prestadora de Servicos SA, the Company is also involved in the intermediation in the sale of cars previously used in its rental operations. As of December 31, 2011, the Company’s network, including domestic and foreign franchisees, comprised 449 branches in 314 cities in Brazil and 47 branches in 27 cities in seven other countries of South America.