Report
Delphine Chauvin

Europcar Mobility Group : Update de nos recommandations suite au profit warning

Le 23 octobre, Europcar Mobility Group a publié, avec 15 jours d’avance, des résultats du T3 19 très en-dessous des attentes (EBITDA Corporate de 218 m EUR, soit -10% y/y vs. 264 m EUR attendu par notre analyste Equity), ce qui l’a conduit à revoir en forte baisse ses objectifs pour l’année. Le groupe table désormais sur un chiffre d’affaires d’environ 2.95 mds EUR (vs. 3 mds EUR précédemment), mais surtout sur un EBITDA Corporate ajusté compris entre 305 et 315 m EUR hors Urban ...
Underlying
Europcar Mobility Group SA

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.

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
Delphine Chauvin

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch