Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 06:51 am EDT
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Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 1,481.51 million compared to BRL 1,378.49 million a year ago. Net income was BRL 115.8 million compared to BRL 150.01 million a year ago. Basic earnings per share from continuing operations was BRL 0.111 compared to BRL 0.1546 a year ago.
For the nine months, sales was BRL 4,632.75 million compared to BRL 3,522.02 million a year ago. Net income was BRL 391.53 million compared to BRL 414.35 million a year ago. Basic earnings per share from continuing operations was BRL 0.3752 compared to BRL 0.427 a year ago.
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.
VAMOS LOCAÇÃO DE CAMINHÕES, MÁQUINAS E EQUIPAMENTOS S.A. 
