Europcar Mobility Group : 2019 results in line with the guidance – cautious outlook for 2020
>2019 in line with expectations: EBITDA € 278.3m vs € 280m estimated - Europcar reported results broadly in line with the guidance, characterised by:Growth in consolidated revenues of 3.2% reported, to € 3,022m (guidance: € 2.95bn; ODDO BHF: € 2,956.4m, consensus: € 2,950m). At constant scope and currencies (excluding franchisees in Denmark and Norway and excluding Fox), the increase was 0.9% (ODDO BHF: 0.9%e) with 2.2% in Q4 (vs expected stability and +0.2% in t...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.
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.
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