Companhia de Locação das Américas Announces Consolidated Earnings and Operating Results for the Third Quarter and Nine Months of 2016
For the nine months, total net revenue was BRL 565.9 million compared to BRL 529.4 million a year ago. Net rental revenue was BRL 304.4 million compared to BRL 291.5 million a year ago. EBITDA was BRL 186.4 million compared to BRL 164.3 million a year ago. EBIT was BRL 112.0 million compared to BRL 91.6 million a year ago. Net income was BRL 21.1 million compared to BRL 16.2 million a year ago. Net cash provided by operating activities was BRL 192.912 million. Acquisition of other fixed assets and intangible was BRL 2.229 million.
For the quarter, the company reported average operating fleet of 24,086 against 23,089 a year ago. Fleet in deployment was 1,904 against 3,427 a year ago.