Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 12:43 am
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Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was BRL 1,513.187 million compared to BRL 1,211.508 million a year ago. Operating income was BRL 369.555 million compared to BRL 292.653 million a year ago. Net income was BRL 179.192 million compared to BRL 141.782 million 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.