Report
Geoffroy Michalet

ALD Automotive : Feedback roadshow post T1 : mix plutôt que croissance forte pour 2019

>Une trajectoire de long terme, à travers les cycles - Nous étions en roadshow en Irlande avec le CEO (Mike Masterson) et l’équipe Investor Relation (Hans Van Beeck HIR + Clemence Mignot-Dupeyrot IR) d’ALD Automotive, l’occasion pour nous de balayer les sujets clés du groupe. Nos ajustements de BPA sont mineurs et concernent notre marge de service sur laquelle nous factorisons davantage de réductions consenties à certains clients sur les véhicules diesel dans la ligné...
Underlying
ALD SA

ALD is a service leasing and vehicle fleet management group with a fleet of more than 1,375,000 vehicles in 41 countries. Under a full-service lease, the client pays the leasing company a regular monthly lease payment to cover financing, depreciation of the vehicle and the cost of various services provided in relation to the use of the vehicle (such as maintenance, replacement car, tyre management, fuel cards and insurance). Fleet management services include the provision of outsourcing contracts to clients under which the vehicle is not owned by Co., but is managed by Co. and for which the client pays fees for the various fleet management services provided.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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