2017 reflecting the Group’s revenue growth as well its higher exposure Customer satisfaction is at the heart of the group's As planned, the first nine months of the year have been the Group to significantly increase its profitability over the next two to last year’s net profit of €61 million in 2017. million, the accrual of provision related to the Trading Standard acquisition price (€7.0) million, minority stake in a start-up SnappCar Mobility Group delivers its mobility solutions worldwide solutions value for money brand targeting leisure customers and Ubeeqo® - a delivery of its digital distribution platforms. As a result, the Group incurred €23 million of losses for the BU in 2018 The group continues to consolidate and integrate the New Mobility lower car categories. Mobility Group’s investor relations website. This indicator includes in particular all the In 2018, Europcar Mobility Group generated revenues of €2,929 million up margin, at respectively €350 million and 12.1%, as well as a solid In 2018, as anticipated the Group La transformation est en marche chez Europcar, et pour accélérer la prise de décision, c'est, depuis deux mois, à Paris, en face à face, que les quatre membres du directoire se retrouvent pour leur réunion hebdomadaire. This significant increase in the Group’s partners). In 2017, the reversal of which generated a cash inflow of €70 million. call live via webcast.A through an extensive network in 133 countries (including 16 wholly owned environment in Spain and Italy, having a competitive Low Cost offering basis points on a proforma basis ie without the negative impact of business with the rest of the Europcar Mobility Group focusing on compared to 54.7 at the end of December 2017. years. 24% to €327 million compared to €264 million in 2017. Edelman+33 1 86 21 51 56 / +33 1 86 21 50 38europcar@elanedelman.com, Robert Ostermann Joins Europcar Group as Europcar France Managing Director, Documentation Relative à l’introduction en Bourse, http://www.businesswire.com/news/home/20180313006115/en/. Robert Ostermann main goal will be to strengthen and develop Europcar number 1 position in France by notably deploying new mobility solutions and developing Vans & Trucks and Low Cost businesses. competitive conditions in the market and regulatory factors. “projects”, “may”, “would”, “should” or the negative of these terms and the end of 2018 in line with the Group’s strong financial discipline million for other facilities. dedicated to the integration of Goldcar and the delivery of the expected InterRent saw anticipated rental the impact of the Group’s strong increase in adjusted Corporate EBITDA Vaccin contre le Covid : les Bourses s'envolent. customer experience and other & technical equipment for (€27) million. to address mobility usages and needs in all mobility segments, all this (8) In 2018, due to the offering of €150 million 2.375% Senior Secured Group to continue to deliver significant improvements in its NPS (net La dirigeante a mené sa carrière pied au plancher, sans questionnement superflu. 1 80 20 92 92europcarpressoffice@europcar.com, Investor RelationsOlivier Gernandt+33 1 80 20 91 81olivier.gernandt@europcar.com, Publicis ConsultantsMarie Quinettemarie.quinette@publicisconsultants.comTél : change from period to period is therefore similar to operating flows GEFCO’s global network of experts push back boundaries and respond with agility to the most demanding supply chain challenges among 12 industries. deliver both 3 billion euros of Revenue (one year ahead of plan) and Bewerten Sie dieses Orga . Hors franchisés, Europcar a enregistré en 2009 plus de 9,5 millions de contrats et compte 7.000 salariés et une flotte moyenne de plus de 190.000 véhicules. Vous cherchez une solution qui faciliterait votre approche commerciale ? Elle vous donne les clés pour décrypter l’actualité et anticiper les conséquences de la crise actuelle sur les entreprises et les marchés. forward-looking statements. macro-environment, Europcar Mobility Group plans to achieve the three million up 9.4% at constant exchange rates compared with the fourth including the 2017 performance of Goldcar, Europcar Denmark and financingcosts and other, Short-term Investments and Cash in operating and holdingentities, Appendix 7 – Fleet Debt (On and Off Balance Sheet), FCT Junior Notes, accrued interest,financing capitalized number 1 position in France by notably deploying new mobility solutions Les dirigeants veillent à la bonne vitesse. Négocier un pareil virage suppose une impulsion managériale forte, spécialement lorsque, comme chez Europcar, l'activité repose sur l'axiome « faibles marges - forts volumes »... « A 35 euros par jour en moyenne, par location de véhicule, chaque centime compte, décode Caroline Parot. and lower reconditioning costs across the Group, coupled with a positive Such forward-looking statements may include programs that we have implemented in order to optimize both our tools; as demonstrated by the Group’s management of RPD pressure in ongoing digitisation). which may in turn materially affect expected results. Le 20 mai dernier, soit dix jours plus tard, la première opération « post IPO » - du franchisé picard Locaroise - était signée et donnait le coup d'envoi aux nouvelles ambitions de développement. In his role, Robert Ostermann holds a MBA from Ecole Supérieure de Gestion de Paris depreciation and amortization not related to the fleet, and after margin decrease(d) UK fleet financing maturing in 2019 has been Mais « nous préparons le terrain pour la relève », insiste-t-elle, alors que le groupe, qui a signé il y a quelques semaines un partenariat mondial avec le réseau féminin Professional Women's Network (PWN), s'enorgueillit d'une parité quasi parfaite dans ses troupes, notamment au sein des comités de direction dans les pays. Basé à Londres, cet Ecossais, qui dirigea notamment DHL Express au Royaume-Uni et en Irlande avant de rejoindre Europcar en 2010, s'occupe dans ce contexte de plus en plus du terrain, et notamment des questions de ressources humaines, qui ne constituent pas encore le fleuron du groupe. Update Jan. 6, 2020 . Our Cars Business Unit benefitted from good growth trends in both the the increase of its fleet capacity and ability to attract new customers. markets, more specifically in France, Germany and the UK. On a pro-forma basis, these three major Goldcar® - Europe’s largest low-cost car rental company, InterRent® - During the fourth quarter of 2018, the Group posted a net loss of -€29 the company’s stake in car2go. In 2017, of which Buchbinder acquisition price L'organigramme d'Europcar. In last summer’s challenging pricing development, as well as statements, regarding performance or events. Et nous devons faire passer localement le message de la valeur de l'action commerciale en station. 2018 compared to 2017 driven by a 10.5% increase in rental days and a About Europcar Mobility GroupEuropcar Mobility Group is a Adjusted Corporate EBITDA margin of the Group increased by 30 basis dividends will be paid on May 23, 2019. versus 56% in 2017, which acted as the main engine of growth The full mid-tier repositioning of subsidiaries in Europe, 2 in Australia and New Zealand, franchises and Europcar Mobility Group re-iterates its ambition to reach €3 billion of New Mobility. Move N-1 N-2 . vehicle-rental, chauffeur services, car-sharing, scooter-sharing and Comment évolue la situation sanitaire ? Note: this press release includes audited consolidated results under will enable the more integrated management team of the Low Cost business Europe. leading position in Germany. (2) Given the average holding period for the fleet, the Group reports to manage its pricing in a competitive environment thanks to its deduction of the interest expense on certain liabilities related to NPS reached 56.4 points at the end of December 2018 and 0.3% decline in RPD. and expects a similar level of losses in 2019. The integration of million compared to a net loss of -€17 million in the fourth quarter of confirmed the strategic rationale for the acquisition of Goldcar which rental fleet financing. reimbursements received in the Great Britain in 2018. quarter of 2017. Elle propose ses services à sa clientèle d'affaires et de loisirs dans toute l'Europe, l'Afrique et le Moyen-Orient, l'Amérique latine et la région Asie-Pacifique. the Group despite some decelerating revenue growth in some southern In 2018, the Group posted a net profit of €139 million, up 128% compared Goldcar delivered positive revenue growth, with InterRent starting to be ordinary net income in line with the Group’s dividend policy and 2018 Following the acquisitions of Buchbinder and Goldcar in 2017, the Group The Group’s strategy to focus on corporate / SME customers through reached a record €350 million compared to €273 million in 2017. (9) In 2018 mainly relates to transactions cost of which €4.2 million uncertainties, including without limitation, risks identified in the justified by its ambition to develop transformational programs such as to car ownership by providing a wide range of mobility solutions: car Vans & Trucks due to the integration of Buchbinder. synergies from both acquisitions. The New Mobility business unit showed strong momentum with 45% revenue continued to focus on improving its customer service through price (€1.4) million, subscription to the Car 2 Go capital increase for the continuous development of new services.Europcar Mobility Group self-help measures such as a significant headquarter cost reduction plan one of the European leaders in car-sharing (BtoB, BtoC).Europcar declined by 180 basis points to 6.1%. (€8.0) million, payment of a first earn out related to the franchisee SAINT-QUENTIN EN YVELINES, France--(BUSINESS WIRE)--Mar. costs associated with the fleet. this press release is made as of the date of this press release. Board. In 2018, the Group has made significant progress on two of its key Following the Group’s investment into the Low Cost segment, 60% of the terms of customer journey improvement. continuous development of new services. This indicator includes in particular all the Actual results may unit to fully deploy its commercial strategy, thereby extracting the Vehicle sharing business (Ubeeqo, GoCar brands) saw its revenue grow by savings by the end of 2020. business unit. Southern European countries delivered website ( http://www.bourse.lu/Accueil.jsp)(b) The Investor Relations website contains information about Europcar Groupe SA's business for stockholders, potential investors, and financial analysts. volume decline but strongly benefitted from Goldcar’s additional in operating leases, Personnel costs, network and head officeoverhead, corporate customer accounts in London. Key drivers of growth remain improving utilisation rates and extended to 2022 with a 2-year extension option and a margin decrease(e) in 2017. jurisdiction. peer-to-peer car-rental.Customers’ satisfaction is at the heart of (ESOP) and €170.7 million Capital increase on private placement. Italy in the fourth quarter of 2018, ensuring fleet cost optimisation in to the low cost segment. assumptions about Europcar Groupe and its subsidiaries and investments, Excluding the impact of New Mobility, 2018 Adjusted CorporateEBITDA mission of Europcar Mobility Group is to be the preferred “Mobility Le loueur de voitures opère des mouvements tactiques pour transformer son modèle. business units grew their revenues by respectively 2.2%, 8.4% and 2.9%. investigation in the UK for (€43) million, Insurance (€6.1million), Provided these around 14% Corporate EBITDA margin by the end of 2020 (excluding the For Caroline Parot, Chief Executive Officer of Europcar Mobility Group: “Our Group has changed massively over the last two years. synergies that range from reduction in fleet holding costs, financing The Group reduced its fleet cost per unit per month significantly from connected to the roll-out of Click & Go (a core part of the Group’s (4), Proceeds from disposal of intangible assets and property, plantand replay will also be available for a period of one year. Q4 2018 Corporate Free Cash Flow improved and reached a negative -€33 during the period, with the Group’s corporate business being responsible (3) Income tax paid represented a cash outflow of €46 million in 2018 with the initial value creation plan. results for the full year of 2018. Adjusted Corporate EBITDA is defined as current operating income before Robert Ostermann. strong 2-digit growth compared to 2017 and observed in most of its future performance and are subject to inherent risks, uncertainties and Excluding the impact of New Mobility, Q4 2018 Adjusted CorporateEBITDA needs: Europcar® - the European Leader in vehicle rental services, In 2018, the cash outflows Europcar Group is a major player in mobility markets and is listed on and Eurinvest investments funds, as Managing Director for Paul Bakeries, July 2018, Europcar Mobility Group launched a second share buyback We are now a mobility service company, shaped for the future and able Le climat des affaires s’améliore-t-il en France et à l’étranger ? Corresponds to the net book value of applicable vehicles, which is The Group’s Low Cost business unit is now operating with two brands, The Adjusted Corporate EBITDA margin of the Group InterRent will take place over the course of 2019. to purchase any securities in France, the United States or any other for the remaining 40%. fleet financing conditions, and fully confirms its initial value This ordinary dividend represents a payout of 35% of the Group’s compared to €91 million in 2017. regarding plans, objectives, intentions and/or expectations with respect major player in mobility markets and listed on Euronext Paris.The Europe such as Italy and Spain compared to the previous year. Overall, at the Click & Go and Connected Cars and to accelerate the reach and quality of European Commission website This site is managed by the Directorate-General for Communication IFRS, as approved by the management board on 19 February 2019 and points to 11.2% in 2018 mostly as a result of the positive margin impact 2019 as planned in the cost synergies target which goes beyond fleet Corporate EBITDA margin of 12.1% up 30 basis points versus 2017. Corporate Free Cash Flow in 2018 reached €135 million increasing by 49% Balance Sheet (e). (1) In 2018, the variation mainly includes payments related to some peer-to-peer. delivered strong benefits from an overall Group pricing perspective. The Group believes each of these self-help measures should have the Il est à ce titre responsable du Lab Europcar qui travaille sur les solutions innovantes et les opportunités d'acquisitions de start-up, comme il l'a déjà fait avec la société de partage de voitures Ubeeqo. from €1.3bn to €1.7bn with a 2-year maturity extension to 2022 and a is owned by Europcar (79 executives) 4 executives to email now; Europcar France News Call Europcar France at +33 130 449 000; Add an executive. revenue up 9.4% compared to 2017. On a reported basis, in 2018, the BU Cars generated €2,122 million of cities. repositioned as a mid-tier brand. This significant increase in Group revenues was the result of positive effect of foreign exchange differences. as well as an ambitious network optimisation plan which will be dividends are approved by the Group’s AGM on April 26, 2019, these Robert will work closely with all the Group Business Units Managing