After everyone’s destruction activities related to the tourism sector Throughout the year 2020, accounts starting to be recognized these days, reaction capacity It was presented the following year by most of these firms to deal with the situation. It is the status of the car rental company. Centauro Car RentalHe 6.1 million after point loss in the first year of the pandemic, last year a More than 14 million benefits The euro is more than a remarkable return.
This is stated in: individual accounts Company p for 2021Owned by the Mutua Madrileña Group It has invested in the Trade Registry and has placed the firm’s profitability at even higher levels than it had shown before covid, although its turnover has not yet reached the same volumes.
Specifically, according to the company’s balance sheets, Income Reached without considering other affiliates of Centauro Rent A Car 66.7 million Euro, which is 47% more than in 2020, when it ended with a turnover of 45.2 million. It’s a significant comeback, but still left turnover just under 72.1 million in 2019.
The most positive aspect is that last year’s growth income from the main activity firm, rent a car, While providing 54.6 million compared to 24.8 in 2020, Revenue from vehicle sales decreaseda resource that companies in the industry use to reduce losses during the worst of the pandemic.
For its part, the year’s result was 14.2 million profits from 6.1 million red numbers, marking a noticeable improvement in margins, comfortably surpassing 2019’s 9.2 million or 2018’s 10.4 million.
From pandemic to chip crisis
After the decline in business volume caused by the pandemic in 2020, the car rental industry was hit by the crisis last year. closing of car factories as a result of the so-called chip crisis. This means that many companies in the industry rearm your fleetsone that causes raise rate due to the inadequacy of available tools.
The Devesa family, which was founded in 1973 and has its registered office in Finestrat, Selling 80% of the company to the Portobello Capital fund in 2017it two years later transferred its shares to Mutua Madrileña Group. A move where the insurance company wants to diversify its activities and cover as many mobility options as possible.
In addition to the company operating in Spain, the group began an international expansion in 2016, which led to it having subsidiaries. Portugal, Italy and Greece.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.