Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 945.18 million compared to BRL 520.42 million a year ago. Net income was BRL 121.86 million compared to BRL 73.24 million a year ago. Basic earnings per share from continuing operations was BRL 0.13337.
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA is a Brazil-based public company which carries out its activities through three segments: truck, machinery and equipment rental; truck, machinery and equipment dealerships; and truck customization. The truck, machinery and equipment rental segment comprises fleet outsourcing through the leasing of trucks, machines and equipment and fleet management. The truck, machinery and equipment dealership segment comprises the commercialization of new and pre-owned trucks, machinery and equipment, as well as parts, machines and accessories, provision of mechanics, bodywork and painting services. The truck customization segment comprises customization services, and customized solutions for heavy vehicles.