In recent years, VAMOS has been on a journey of solid and consistent growth, driven by strategic decisions that have modernized our management structure and expanded our market leadership.
The year 2024 was marked by the company’s growth and development and by structural changes, such as the spin-off of VAMOS’ heavy vehicle dealership business, which will further drive long-term value creation.
We believe that our business model is fundamental to supporting the modernization of the Brazilian fleet, reducing polluting and greenhouse gas emissions, increasing road safety, and promoting operational efficiency for our customers.
Our Carbon Zero Program is an example of a product with a positive environmental impact in line with our strategic commitments. Although the carbon market in Brazil is still evolving, we offer alternatives for our customers to offset their emissions.
We are prepared for the challenges ahead and excited about the opportunities that lie before us. Our commitment to the longevity of the business, our shareholders, customers, and employees is unwavering. Together, we are building a company that is increasingly prepared for the future, with solid foundations and a long-term strategic vision.
I thank each and every one of you who are part of this journey. Together, we will continue to move forward, consolidating our leadership and contributing to a more modern, efficient, safe, and sustainable transportation sector.
Gustavo Couto – CEO of VAMOS
We present the fifth Integrated Annual Report, 2024 edition, of the Vamos Group. We are leaders in truck, machinery, and equipment rental throughout Brazil, in addition to customizing vehicles for various functions and in several productive sectors.
As a subsidiary, we are part of the transportation and logistics services group of the SIMPAR holding company, which holds a 61.35% stake in the company. In this document, we report on our practices, commitments, and results achieved in the last management cycle.
To meet market requirements and in line with best practices, we conducted a double materiality analysis in accordance with the principles established in the Global Reporting Initiative (GRI) Standards.
Our Annual Report is also prepared in accordance with the guidelines of the Integrated Reporting Framework of the International Financial Reporting Standards Foundation (IFRS Foundation), and submitted to limited assurance, in accordance with Brazilian Securities and Exchange Commission (CVM) Resolution nº 14/2020.
Our Report was prepared in digital format, considering accessibility principles, which include the use of a responsive navigation structure, image descriptions, and validation for compatibility with screen readers, such as NonVisual Desktop Access (NVDA), to facilitate audio access for people with visual impairments.
Updates to information are clearly indicated in the indicators that may have undergone specific adjustments. If you have any questions, suggestions, or comments about this Report, please send them to sustentabilidade@grupovamos.com.br.
At VAMOS, we remain committed to excellence in management and sustainability, strengthening our performance in achieving results and contributing to a more innovative and responsible future.
Enjoy your reading!
Leader in the domestic heavy vehicle rental market, we are Vamos Locação de Caminhões, Máquinas e Equipamentos S.A., a publicly traded company listed on the Novo Mercado of B3 S.A. – Brasil, Bolsa, Balcão, controlled by the holding company SIMPAR. Our administrative headquarters are located in the city of Mogi das Cruzes, in the state of São Paulo, and we operate with a strategic management unit at our head office in the state capital.
We are made up of companies of various sizes and from different sectors of the economy and, at the end of 2024, we focused our activities on the following business divisions: Vamos Locação, Vamos Seminovos, and Vamos Indústria. We operate in Brazil and, through BMB, also in Mexico.
in net revenue
+32,4%
versus 2023
in sales of
pre-owned1 vehicles, +34%
versus 2023
in adjusted EBTIDA2, +32%
versus 2023
in adjusted
net income2,
+ 57%
versus 2023
1. Excluding sales of non-recurring assets that occurred in the first quarter of 2023.
2. Amounts in Brazilian reais (R$) and figures adjusted to exclude extraordinary and non-recurring effects of climate effects in Rio Grande do Sul and an extraordinary increase in the allowance for doubtful accounts (PDD) in the second quarter of 2024.
With complete solutions for renting, buying and selling trucks and machinery, we ensure efficiency and competitiveness for our customers. Our commitment is to drive the renewal of the Brazilian fleet, generating value and contributing to the growth of our customers, our people, and our country.
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We operate in a broad, diverse and highly complex market. Operating a transportation and machinery ecosystem in a country of continental dimensions such as Brazil, ensuring efficiency and quality in the provision of our services, also requires a commitment to sustainability.
At VAMOS, we discuss strategies that are feasible, efficient, and effective in providing the necessary responses to the challenges our business faces in the socio-environmental context in which we operate. Our Sustainability Policy guides us toward the efficient use of energy and natural resources, avoiding waste and prioritizing technologies that are less harmful to the environment.
We believe in a culture of use, not ownership, offering our customers truck and machine rental services that encourage the adoption of this model, aligning ourselves with the goal of increasingly integrating sustainability into our business.
Our product portfolio includes low-carbon solutions, such as electric trucks and forklifts, as well as trucks suitable for use with biomethane, options that emit less greenhouse gases (GHG) compared to fossil fuel-powered vehicles.
Health and safety
We recognize the climate challenges associated with transportation and act responsibly regarding the sector’s environmental impact, particularly in terms of greenhouse gas (GHG) emissions.
At VAMOS, we continue to advance our climate agenda and, for the second consecutive year, earned an A- score in the CDP Climate assessment. We also maintained our presence in B3’s iCO2 portfolio for the third year in a row, reinforcing our commitment to emissions efficiency.
This recognition is the result of strategic initiatives such as fleet renewal, the use of renewable energy, telemetry, preventive maintenance, and emissions offsetting in partnership with our clients.
We believe that active listening is essential to building a more inclusive environment. In 2024, we strengthened this culture by forming Working Groups (WGs) focused on inclusive employment, with an emphasis on gender and the participation of people with disabilities (PwD).
A key milestone was the creation of the Inclusive Employment Program, developed over more than 45 meetings, aimed at expanding opportunities, valuing diversity, and promoting inclusive development at VAMOS.