Europcar Mobility Group

Europcar Groupe SA is part of the mobility sector as a handler in rental vehicles. Co.'s objective is to provide the mobility solution that meets its customers' needs in a market where expectations are constantly changing. Co. offers mobility solutions extending from short-term vehicle rental, via its three main brands, Europcar®, Ubeeqo® and InterRent®, and chauffeur services to car-sharing and a platform offering mobility services. Ubeeqo, a specialist in car-sharing, and E-Car Club, a car-sharing start-up offering an entire fleet of electric vehicles in the United Kingdom, have broadened Co.'s mobility offer through its subsidiary, Europcar Lab.
  • TickerEUCAR
  • ISINFR0012789949
  • ExchangeEuronext Paris
  • SectorTravel & Leisure
  • CountryFrance

Analysts

Carole Braudeau

Accor : Credit Feedback – Oddo BHF Forum 9 and 10 January 2020

Our 2020 Oddo BHF annual Forum in Lyon brought together 251 companies, including 57% of foreign companies and nearly 575 investors, meaning almost 6,800 one-to-one meetings. - This document gathers a brief feedback from the bond issuers and CB underlying companies who attended the forum. - - >Investment Grade - Accor, Arkema, Atos, Coface, Covivio, Easyjet, Edenred, Engie, Eutelsat, Gecina, Grand City Properties, ISS, Imerys, JCDecaux, MTU Aero Engines, Scor, Solvay, Suez...

Carole Braudeau

Recordati : Feedback Crédit Forum des 9 et 10 janvier 2020

Notre Forum annuel Oddo BHF 2020 vient de se dérouler à Lyon : il a réuni 251 sociétés, dont 57% étrangères et près de 575 investisseurs, soit l’équivalent de près de 6 800 meetings - Ce document synthétise nos feed-back concernant les émetteurs obligataires présents et sous-jacents d’obligations convertibles. - - >Investment Grade - Accor, Arkema, Atos, Coface, Covivio, Easyjet, Edenred, Engie, Eutelsat, Gecina, Grand City Properties, Imerys, ISS, JCDecaux, Lanxess, MTU ...

Thanks to a better fundamental star rating, EUROPCAR MBTY.GP.SA sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to EUROPCAR MBTY.GP.SA (FR), active in the Transportation Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 14, 2020, the closing price was EUR 4.45 and its expected value was estimated at EUR 4.20.

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 27/11/2019 - Aroundtown - En

Aroundtown (O/P): EBITDA of €557m (+26%) In The Nine-Month Period of 2019 Quadient (O/P): Organic Growth of +2.2% In The Nine-Month Period of 2019/20 EDF (U/P): €500m of Hybrid Bonds Issued And Tender Offer on the Hybrid NC22 bond Immofinanz: Discontinues Its Merger Project With S Immo AG Europcar Mobility (U/P): Draws Private Equity Interest Burger King France (O/P) - 9M-19: Pro-Forma EBITDA of €97m (+15%) Enel (O/P): €28.7bn Investment Plan Between 2020-2022 Vivat (U/P): Fitch Affirms BBB Rating With Stable Outlook

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 24/10/2019 - Intrum, Ford - FR

Intrum (Achat) - 9M-19 : EBIT de SEK4,2 mds (€391m, +41,1%) Ford (Achat) : Abaisse ses perspectives pour 2019 Scor (Achat) - 9M-19 : Primes brutes de €12,1 mds (+3,2% à tcc) SEB (Achat) - 9M-19 : Résultat d’exploitation de SEK17,8 mds (€1,7 md, +4,8%) Constellium (Achat) : Revoit à la baisse ses objectifs 2019 Edenred (Achat) : Vise une croissance organique d’EBITDA >10% jusqu’à 2022 Europcar (Vente vs Achat) : Abaisse ses perspectives pour 2019 Schmolz + Bickenbach : Prévoit une augmentation de capital de CHF189m à CHF350m ...

Delphine Chauvin

Europcar : Pending new offerings on the primary market

Publication date 16/04/2018 15:36 - Writing date 16/04/2018 15:31 - - / - - - - - - - Equity data - Reco : Buy - Target : 15.00 EUR - Equity analyst: Christophe Chaput - [email protected] - +33 (0)4 72 68 27 03 - ESG analyst: Valentin Pernet - Corporate Governance: Strong opportunity (1) - / - / - - - - - Reiterating our Stable credit opinion on Europcar Credit metrics weakened last year following the Goldcar and Buchbinder deals, while remaining in line with the strategy announced by management since the IPO, a point taken into account by S&P and Moody's in their rati...

Delphine Chauvin

Europcar : En attendant des nouvelles du primaire

Nous conservons une Opinion Crédit Stable sur Europcar. Les ratios de crédit se sont détériorés l’an dernier suite aux acquisitions de Goldcar et Buchbinder, tout en restant conformes à la stratégie qui avait été communiquée par le management depuis son introduction en Bourse et qui était prise en compte dans les notes de S&P et Moody’s. La situation devrait commencer à s’améliorer cette année, compte tenu des résultats attendus et d’une stratégie d’investissement plus modérée. - >Facteurs de soutien - - Leader européen de la location automobile, avec près de 25% de part de marché, devant Av...

Delphine Chauvin

Europcar : An opportunity to reinvest in the credit?

Europcar is returning to the credit market with a planned € 950m bond issue to finance the acquisitions of Goldcar and Buchbinder and redeem the EC Finance 2021 notes before maturity. - We have a Stable Credit Opinion on the name, as we do not anticipate any pressure on S&P and Moody's ratings in the medium term. Given that the group's performance remains satisfactory, and given that management's acquisition strategy remains fairly conservative and, in any case, consistent with a B1/B+ rating (bearing in mind that both S&P and Moody's have higher theoretical ratings under their methodologies)...

Carole Braudeau

Accor : Credit Feedback – Oddo BHF Forum 9 and 10 January 2020

Our 2020 Oddo BHF annual Forum in Lyon brought together 251 companies, including 57% of foreign companies and nearly 575 investors, meaning almost 6,800 one-to-one meetings. - This document gathers a brief feedback from the bond issuers and CB underlying companies who attended the forum. - - >Investment Grade - Accor, Arkema, Atos, Coface, Covivio, Easyjet, Edenred, Engie, Eutelsat, Gecina, Grand City Properties, ISS, Imerys, JCDecaux, MTU Aero Engines, Scor, Solvay, Suez...

Carole Braudeau

Recordati : Feedback Crédit Forum des 9 et 10 janvier 2020

Notre Forum annuel Oddo BHF 2020 vient de se dérouler à Lyon : il a réuni 251 sociétés, dont 57% étrangères et près de 575 investisseurs, soit l’équivalent de près de 6 800 meetings - Ce document synthétise nos feed-back concernant les émetteurs obligataires présents et sous-jacents d’obligations convertibles. - - >Investment Grade - Accor, Arkema, Atos, Coface, Covivio, Easyjet, Edenred, Engie, Eutelsat, Gecina, Grand City Properties, Imerys, ISS, JCDecaux, Lanxess, MTU ...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior