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Europcar Groupe SA (EUCAR.PA)

EUCAR.PA on Paris Stock Exchange

9.89EUR
15 Dec 2017
Change (% chg)

€-0.17 (-1.73%)
Prev Close
€10.06
Open
€10.05
Day's High
€10.06
Day's Low
€9.82
Volume
669,052
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316,344
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€13.58
52-wk Low
€9.06

Latest Key Developments (Source: Significant Developments)

Europcar Has Received Approval From The Eu Commission To Acquire Goldcar
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - EUROPCAR GROUPE SA ::EUROPCAR GROUP HAS RECEIVED APPROVAL FROM THE EU COMMISSION TO ACQUIRE GOLDCAR.‍CONFIRMS TRANSACTION EXPECTED TO GENERATE CLOSE TO EUR 30 MILLION OF COST SYNERGIES PER ANNUM BY 2020​.‍TRANSACTION BASED ON CORPORATE ENTERPRISE VALUE OF EUR 550 MILLION AND POST-SYNERGY ADJUSTED CORPORATE EBITDA ABOUT 7X​.  Full Article

Europcar Groupe opens 9 new franchises internationally‍​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - EUROPCAR GROUPE SA ::OPENS 9 NEW FRANCHISES INTERNATIONALLY‍​.  Full Article

Europcar Q3 adj. corporate EBITDA at EUR 164 mln, up 3.9 pct at constant exchange rates​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - EUROPCAR GROUPE SA ::THIRD QUARTER 2017 RESULTS: EUROPCAR DELIVERS STRONG REVENUE GROWTH, NOTABLY IN THE LEISURE SEGMENT, AND CLOSES THE ACQUISITION OF BUCHBINDER.‍EUROPCAR FULLY CONFIRMS ITS 2017 FINANCIAL GUIDANCE​.‍Q3 ADJUSTED CORPORATE EBITDA OF EUR 164 MILLION UP 3.9% AT CONSTANT EXCHANGE RATES​.‍Q3 REVENUE OF EUR 794 MILLION UP 13.5% AT CONSTANT EXCHANGE RATES WITH ORGANIC GROWTH OF 3.4%​.‍Q3 NET INCOME OF EUR 105 MILLION UP 9.2% YOY​.‍9M REVENUE ORGANIC GROWTH OF 4.0%​.9M CORPORATE FREE CASH FLOW EUR 140‍​ MILLION VERSUS EUR 167 MILLION YEAR AGO.9M RENTAL REVENUES EUR 1.71 BLN‍​ VERSUS EUR 1.55 BILLION YEAR AGO.  Full Article

Europcar Groupe issues 600 million euro senior bonds
Monday, 16 Oct 2017 

Oct 16 (Reuters) - EUROPCAR GROUPE SA ::ISSUES SENIOR BONDS WORTH EUR 600 MLN‍​.ISSUES SENIOR BONDS DUE 2024‍​.ISSUES GUARANTEED SENIOR BONDS WORTH 350 MILLION EUROS‍​ ‍​.GUARANTEED SENIOR BONDS ARE DUE 2022‍​.  Full Article

Europcar Group acquires its Irish Franchisee
Tuesday, 13 Dec 2016 

Europcar Group :Europcar Group extends its corporate network with the acquisition of its Irish Franchisee.  Full Article

Europcar to make exceptional dividend payout for 2016
Tuesday, 4 Oct 2016 

Europcar Groupe CEO Caroline Parot tells an Investor Day. : Group will make an exceptional dividend payout for 2016 of at least 50 percent of net income .Q3 trading activity in Europe was at good level despite French attacks.  Full Article

Europcar eyes revenue of over 3 bln euros by 2020
Tuesday, 4 Oct 2016 

Europcar statement: Eyes revenue of over 3 billion euros by 2020 . Eyes adjusted corporate Ebitda margin of over 14 percent by 2020 .Europcar keeps 2016 financial goals.  Full Article

Europcar Groupe appoints Jean-Claude Poupard CFO
Monday, 3 Oct 2016 

Europcar Groupe SA :Jean-Claude Poupard appointed Europcar Group chief financial officer.  Full Article

Europcar Groupe renegotiates fleet asset-backed financings
Tuesday, 27 Sep 2016 

Europcar Groupe : Europcar Group Pursues The Optimization Of Its Fleet Asset-backed Financings . Europcar group has improved terms and conditions of its senior asset revolving facility (SARF) and associated interest rate swaps . Has also renegotiated its uk fleet financing, and entered into new or amended operating leases, . Senior tranche of fleet securitization (SARF) has been increased by 200 million euros ($224.84 million) to 1.3 billion euros with an improved margin by 20 bps to euribor +150bps . Renegotiation has extended final maturity from July 2019 to July 2020 .Renegotiated with a pool of banks £425 million fleet club deal facility notably to improve margin by 20bps to libor +180bps.  Full Article

Europcar H1 revenue down at 948 million euros
Monday, 25 Jul 2016 

Europcar Groupe Sa : H1 adjusted corporate EBITDA at 55 million euros ($60.4 million) demonstrating continuing investments notably in interrent and digital transformation. . H1 net profit of 3 million euros versus a loss of 157 million euros in the 2015 first semester . H1 revenue 948 million euros versus 961 million euros a year ago . Full year 2016 revised guidance in a context of weakened economic and operating environment following notably Brexit and European terrorist attacks . Sees FY 2016 slight increase of revenue on an organic basis and adjusted corporate EBITDA above last year 251 million euros . Sees adjusted corporate EBITDA conversion to corporate free cash flow above 50 pct . Sees 2016 dividend payout ratio at least 30 pct of net income Further company coverage: [EUCAR.PA] ($1 = 0.9107 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

EU mergers and takeovers (Dec 6)

BRUSSELS, Dec 6 The following are mergers under review by the European Commission and a brief guide to the EU merger process: