Strong third quarter for Europcar, receives €989 million revenue

Published on : Saturday, November 10, 2018

Europcar continues to see transformation in the third quarter of 2018 generating a revenue of €989 million.

 

 

At constant exchange rates the figure was up by 25 per cent showing a 2.6 per cent pro-forma growth.

 

 

For the period adjusted corporate EBITDA stood at  €241 which was up 50 percent and the adjusted corporate EBIDTA margin of 24.4 per cent  which was up 410 basis points.

 

 

The net profit for the period was €148 million which was up  42 per cent as compared to  the €105 million recorded in the same period last year.

 

 

 

Caroline Parot, chief executive of Europcar Mobility Group, stated that accelerating our transformation into the mobility service company they were able to provide a strong set of results in quarter three.

 

 

 

They have been agile with a stronger than ever capability to manage the complex projects like the  integration of Goldcar and Buchbinder, in a short time frame without having to disrupt their daily operations at peak times.

 

 

Digitalization has been another great source  of satisfaction the way they had been leveraging technologies to drive the e-commerce performance has made them the number one in terms of return on investment.

Related Posts

Tags: ,


(No Like Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 14 Hotelierseries Africa 2019
  • 14 restaurantscafeslounges 19
  • 16 global-hotels-resorts 2019
  • 19 uzakrota London 2019
  • 20 seatradecruis 2019
  • 20 uzakrota Istanbul 2019
  • 22 Africa Hotel Investment Forum 2019
  • 22 DRT SHOW India 2019
  • 22 iitm 2020
  • 22 summitasia 2019
  • 22 TTME 2019
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. TAAPE

      September 19 - September 21
    2. IITM Delhi

      September 20 - September 22
    3. World Routes

      September 21 - September 24
    4. HOTEL INVESTMENT CONFERENCE EUROPE

      September 23 - September 24
    5. THE LODGING CONFERENCE

      September 23 - September 26
Get our toolbar!
Review www.travelandtourworld.com on alexa.com