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The Nexus
BUSINESSJul 17 · 09:20 UTCTHE RIO TIMESRichard Mann

Brazil Car Renter Movida Doubles Its Profit to a Four-Year High

Brazilian car rental company Movida reported a profit of R$135.6 million in 2T26, doubling year-on-year and surpassing expectations. The profit broke a five-year seasonal pattern while maintaining high rental rates.

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MovidaorganizationBrazilplaceR$135.6 milliontopic2T26topic
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