Road and Rail
Company Overview of Unidas S.A.
Unidas S.A. provides fleet management and vehicle rental solutions in Brazil. The company’s corporate fleet rental activities include long-term vehicle rentals; advisory services in selecting vehicles; vehicle maintenance; contracting of insurance with insurance companies or through insurance brokers; customer assistance services; temporary replacement of vehicles; and fleet management and administration services. It also provides car rental services to corporate clients, travel agencies, and travel operators, as well as supplies replacement cars to insurance companies and car manufacturers in case of a claim or use of warranty. In addition, the company operates a franchising model that prov...
Rua Cincinato Braga, 388
São Paulo, SP 01333-010
Founded in 1985
Key Executives for Unidas S.A.
Chief Executive Officer and Director
Chief Financial Officer and Director of Investors Relations
Head of The Rent a Car Division
Head of The Used Cars Division
Compensation as of Fiscal Year 2014.
Unidas S.A. Key Developments
Unidas S.A. Reports Earnings Results for the Fourth Quarter and Full Year of 2014
Mar 4 15
Unidas S.A. reported earnings results for the fourth quarter and full year of 2014. For the full year, the company’s net income (Adjusted Net Income) grows in the 2014 70.6% in comparison to 2013 and reaches BRL 60.9 million. In the same period, consolidated net revenue reaches BRL 1,006.0 million and grows 21.0% and EBITDA reaches BRL 332.7 million and grows 16.7%.
For the quarter, the company’s net income reached BRL 18.5 million, representing respectively an increase of 70.6% in 2014 and 48.0% in the fourth quarter of 2014. Net consolidated revenue reached BRL 265.6 million, representing an increase of 17.0%, in comparison to the amount of BRL 227.0 million in the fourth quarter of 2013. The Consolidated EBITDA in reached BRL 91.7 million, 17.1% higher than BRL 78.3 million reached in fourth quarter of 2013.
Unidas S.A. to Report Q1, 2014 Results on May 02, 2014
May 2 14
Unidas S.A. announced that they will report Q1, 2014 results on May 02, 2014
Unidas To Resume Its Plans for an IPO
Apr 10 14
Unidas S.A. may resume its plans for an IPO after the presidential elections in 2014, or in 2015. Unidas filed for an IPO in 2013, but shelved the operation in January 2014 because of market conditions. Pedro de Almeida, Chief Executive Officer of Unidas says, "Unidas doesn’t need to resort to the capital markets to reinforce its cash supply this year or next, but it is monitoring the situation for opportunities to improve its debt profile in this first half".
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