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ALD: set to raise targets for 2020

(CercleFinance.com) - Having seen a faster-than-expected recovery in the used car market in Q3, ALD has said that it intends to raise its guidance of average Used Car Sales result per vehicle for the year when it provides further details in its full Trading Update for Q3 2020 on 5 November 2020.


Combined with resilient Leasing Contract and Services Margins and continued cost control, the improvement in the Used Car Sales result means that Net Income (Group share) for the third quarter is expected to reach around 140 million euros.


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