Report
Geoffroy Michalet

Ayvens : Un T4 en forte baisse, un peu plus qu’attendu, la question porte maintenant sur la valeur résiduelle des véhicules électriques

>Un T4 en baisse marquée, les Opex et le UCS surprennent négativement - Au titre du T4, Ayvens publie des résultats en forte baisse en séquentiel par rapport au T3, principalement impactés sur les éléments suivants : Leasing Contract & service Margins : impacté négativement par le PPA et des éléments non-récurrents moins positifs (Turquie, Ukraine), ainsi que le MtoM des dérivés.Used Car Sales : résultat négatif à -10 M€, un niveau assez significativement i...
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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