With profits doubled in the first two months and a new CFO, the rental company is betting on operational efficiency to face the high interest rate scenario<\/p>\n\n\n\n
. Movida<\/strong> moves into 2025 with a clear mission: to show the market that the challenges of debt are behind us. After a year in which the CEO Gustavo Moscatelli<\/strong> classifies the car rental company as \"transformational\", with a recovery in profit and a reduction in financial leverage. controlled by Simpar<\/strong><\/a> The company's strategy is to make progress in passing on prices and controlling debt.<\/p>\n\n\n\n \"Our management mentality is long-term. We talk about the next quarter or year, but behind that are discussions of five, ten, 15 years,\" says Moscatelli. InvestNews<\/strong>Movida's capital structure has improved, signaling that the current stage is part of a broader consolidation plan. Movida's capital structure, which had already raised concerns among analysts and investors, improved in the last quarter of 2024.<\/p>\n\n\n\n The company ended the year with a net debt of R$ 14.7 billion, reducing its leverage ratio (ratio of net debt to operating profit - Ebitda) to 3.0 times at the end of last year, compared to R$ 14.7 billion at the end of the year.\u00a0covenants<\/em>\u00a0of 3.5 times. Considering only the 4Q24 operating profit, this indicator would fall to 2.8 times, reinforcing the deleveraging path.<\/p>\n\n\n\n