Companhia de Locação das Américas Reports Consolidated Earnings and Operating Results for the Second Quarter and Six Months of 2018
For the first half, the company reported consolidated net revenue of BRL 1,081,616 million, operating income (EBIT) of BRL 202,988 million, earnings before taxes (EBT) of BRL 75,155 million, recurring net income of BRL 74,351 million and recurring EBITDA of BRL 336,972 million against consolidated net revenue of BRL 421,441 million, operating income (EBIT) of BRL 79,342 million, earnings before taxes (EBT) of BRL 25,498 million, recurring net income of BRL 25,051 million and recurring EBITDA of BRL 131,092 million a year ago. Net cash provided by operating activities was BRL 104,292,000 against BRL 151,109,000 a year ago. Acquisition of other fixed assets and intangible was BRL 7,441,000 against BRL 22,807,000 a year ago.
For the quarter, the company reported average operating fleet of 91,047 against 24,258 a year ago. Utilization rate was 97.2% against 96.8% a year ago.
For the six months, the company reported average operating fleet of 79,810 against 24,281 a year ago. Utilization rate was 98.2% against 96.8% a year ago.