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Europcar: quarterly earnings up 42%
(CercleFinance.com) - Europcar Mobility Group has posted Q3 net income of 148 million euros, up 42%, with an adjusted Corporate EBITDA of 241 million euros, up 50%, with a margin of 24.
4%, up 410 basis points. The car rental group has thus delivered a strong operating leverage effect for a quarterly turnover of 989 million euros, up 25% at constant exchange rates with pro-forma growth of 2.6%. Europcar confirms all of its financial targets for FY 2018, including pro-forma sales growth of above 3% and adjusted Corporate EBITDA (excluding New Mobility), of over 350 million euros. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
19/04/2024 08:18
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