Movida 4Q25 Profit Rises 64.5% as Rental Prices and Margins Increase
Brazil’s car rental group posted R$102.3 million in fourth-quarter net income, with higher RAC pricing, stronger…
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BNDESPAR backs Simpar with up to R$1.48bn capital injection across group
State development bank commits new equity to Simpar, Vamos and Movida in a move designed to…
Movida Locks In 2026 Debt After Raising R$3.5 Billion Early in the Year
Car rental company reshaped its liability profile by refinancing maturities, extending tenor and cutting borrowing costs.
Movida’s early Q4 release delivers upside surprise and faster deleveraging
Brazilian car-rental operator posts net income above guidance and reaches lower end of leverage target.
Movida: Profit Falls 10% to R$70 Million as Higher Interest Costs Offset Record Margins
Brazil’s car rental and fleet management company saw earnings pressured by rising debt costs, even as…
Car-rental Turbi Raises Itaú-Backed Funding
Car-sharing startup secures R$156 million to expand its fleet and reduce leverage amid tight credit conditions,…
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