"Our second quarter results were impressive and position us well for the peak summer season. We produced record Adjusted Corporate EBITDA and adjusted free cash flow, taking advantage of positive market conditions. The hard work of our team and the resulting financial performance provided us with the opportunity to pursue investments in technology and a younger fleet, while returning capital to shareholders."
- Stephen Scherr, Hertz CEO
STRATEGIC OPERATIONAL PROGRESS
Strategic Relationships
EV Charging Stations
Tesla EV Transaction Days
• Tesla
• Polestar
1,300+ Level 2 chargers
Uber drivers 500k+
• Uber
• Lyft
installed across 80 markets
Leisure and Corporate 160k+
• Carvana
• AmexGBT
globally
EV NPS scores +10 pts
• AWS
• Oracle
Refer to the Company's Q2 2022 press release for non-GAAP reconciliations
Hertz Global Holdings Inc. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 21:32:34 UTC.
Hertz Global Holdings, Inc. is a holding company. The Company is engaged in the business of renting vehicles primarily through its Hertz, Dollar and Thrifty brands. It operates through two segments: Americas RAC and International RAC. Americas RAC segment provides rental of vehicles, as well as sales of vehicles and value-added services, in the United States, Canada, Latin America and the Caribbean. The International RAC segment provides rental and leasing of vehicles, as well as sales of value-added services in locations other than the United States, Canada, Latin America and the Caribbean. It also owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business. It operates its vehicle rental business globally from approximately 11,400 Company-operated and franchisee locations across approximately 160 countries and jurisdictions, including the United States, Europe, Africa, Asia, Australia, Canada, the Caribbean, Latin America, the Middle East and New Zealand.