Movida Participações S.A. provided earnings guidance for the fourth quarter and full fiscal year 2025. For the period, the company
project net income between BRL 75 million and BRL 90 million, representing growth of 21% to 44% year-on-year and 42% to 70% above market consensus.
For the full year, the company expects net income will total between BRL 291 million and BRL 306 million, representing growth of 26% to 32% compared to '24.
Movida Participacoes SA is a Brazil-based company primarily engaged in the passenger car rental. The Company, through its subsidiaries Movida Locacao de Veiculos Ltda and Movida Gestao de Frotas SA, provides cars within short and long-time agreements, as well as fleet outsourcing to business customers. The Company's cars are equipped with Global Positioning System (GPS), music player and wireless Internet, as well as with other on demand facilities, such as baby car seat. Its car brand names include Volkswagen, Fiat, Ford, Hyundai, Renault, Jeep, Chevrolet and Mercedes, among others. In addition, the Company sells used cars. The Company operates offices in numerous cities and near airports, in Brazil.
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Investor
Investor
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Global
Global
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