Q1 2020 Localiza Rent a Car SA Earnings Call Transcript
Good afternoon and welcome to Localiza Rent a Car's Conference Call on the First Quarter of 2020. Hosting the event today are Mr. Mauricio Teixeira, CFO; and Ms. Nora Lanari, Investor Relations Officer.
We would like to inform that the numbers in this presentation are stated in millions of Brazilian reais and based on IFRS. The presentation will be recorded (Operator Instructions) The conference call audio and the accompanying page presentation are being broadcasted simultaneously over the Internet at www.ri.localiza.com/en/. The page presentation can be downloaded at the same address by clicking on the banner 1Q20 Webcast.
Before proceeding, we would like to clarify that any statements made in the conference call concerning the business outlook of the company, forecasts as well as operating and financial targets represent the opinions and assumptions of the company's management, which may or may not occur. Investors must comprehend that political and economic conditions and other operating factors may affect the
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