Locauto Rent: the growth continues
In 2017, Locauto had an increase in sales almost three times the market trend
Locauto Rent continues its path of growth in the Italian car rental and mobility market.
The 2017 financial statements, approved in recent weeks by the shareholders’ meeting, show for the umpteenth year in a row an increase in revenues significantly higher than the market. The numbers thus attest to the soundness of the business plan, which combines growth, solidity and stability over time.
Locauto Rent’s turnover showed an 8% increase over the previous year, compared to a market that posted +3%. Locauto thus confirms its growth trend at higher rates than the market, and consolidates its market share on the national competitive scene.
2017 was a good year, not only in terms of revenue growth, but also from the point of view of consolidating operational structures, increasing employees, and opening several new rental offices, particularly along high-speed rail routes. Last but not least, the launch of the commercial vehicle rental line contributed.
“We are very satisfied because the results turned out to be higher than the targets we had set for ourselves,” commented Locauto President Mario Tavazza, ” which confirms that the strategy we have undertaken is right. The indicators for 2018 are also positive, and we are confident that we can complete another year of growth.”
Your mobility, our experience
Trust Locauto: for over 40 years we have been supporting those who travel for work or pleasure.