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D'Ieteren SA (IETB.BR)

IETB.BR on Brussels Stock Exchange

37.00EUR
15 Dec 2017
Change (% chg)

€-0.01 (-0.04%)
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€46.56
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Latest Key Developments (Source: Significant Developments)

D'Ieteren Aims At An Average Of 2 To 3 Pct Sales Growth For Next 5 Years
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - D'IETEREN SA ::D'IETEREN AUTO NOW AIMS AT AN AVERAGE OF 2-3% SALES GROWTH FOR NEXT 5 YEARS..ADJUSTED OPERATING MARGIN TARGET FOR D'IETEREN AUTO INCLUDING CORPORATE HAS BEEN UPPED FROM 2.5% TO >3% FOR NEXT 5 YRS.D'IETEREN AUTO PRE-TAX ROCE TARGET HAS BEEN INCREASED FROM 15% TO 20% FOR NEXT 5 YEARS.D'IETEREN AUTO YEAR-TO-DATE SALES AT END OF OCTOBER WERE UP 5.9% VERSUS SAME PERIOD LAST YEAR..  Full Article

D'Ieteren, Clayton, Dubilier & Rice Have Signed A Definitive Agreement
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - D'IETEREN SA ::CLAYTON, DUBILIER & RICE HAVE SIGNED A DEFINITIVE AGREEMENT REGARDING A PARTNERSHIP INVESTMENT IN BELRON​.‍AGREEMENT REGARDING ACQUISITION BY CD&R OF A 40% OWNERSHIP INTEREST IN BELRON GROUP​.‍D'IETEREN AND MANAGEMENT TO RETAIN REMAINING 60% OWNERSHIP INTEREST IN COMPANY​.‍PROPOSED TRANSACTION VALUES BELRON AT EUR 3 BILLION​.  Full Article

D'Ieteren and Clayton, Dubilier & Rice enter discussions regarding partnership investment in Belron
Sunday, 19 Nov 2017 

Nov 19 (Reuters) - D'Ieteren SA ::‍D'IETEREN AND CLAYTON, DUBILIER & RICE ENTER EXCLUSIVE DISCUSSIONS REGARDING PARTNERSHIP INVESTMENT IN BELRON​.D'IETEREN SA - ‍ENTERED INTO EXCLUSIVE DISCUSSIONS UNDER WHICH DUBILIER & RICE​-MANAGED FUNDS WOULD ACQUIRE A 40% OWNERSHIP INTEREST IN BELRON GROUP.‍UNDER PROPOSED AGREEMENT, D'IETEREN AND MANAGEMENT WOULD RETAIN REMAINING 60% OWNERSHIP INTEREST IN COMPANY​.D'IETEREN - ‍PROPOSED TRANSACTION WOULD VALUE BELRON AT EUR 3 BILLION (ENTERPRISE VALUE) WHICH TRANSLATES INTO AN EQUITY VALUE OF ABOUT EUR 1,550 MILLION​.‍PROPOSED TRANSACTION IS SUBJECT TO AN INFORMATION AND CONSULTATION PROCESS WITH BELRON'S FRENCH WORKERS COUNCIL​.‍PROPOSED TRANSACTION IS ALSO SUBJECT TO APPROVAL OF RELEVANT REGULATORY AND COMPETITION AUTHORITIES​.  Full Article

D'Ieteren's subsidiary Belron acquires Maisoning Group in France‍​
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - D'IETEREN SA ::SUBSIDIARY BELRON ENTERS HOME REPAIR MARKET IN EUROPE THROUGH ACQUISITION OF MAISONING GROUP IN FRANCE‍​.  Full Article

D'Ieteren FY operating income falls to 133.7 million euros
Monday, 6 Mar 2017 

D'Ieteren SA : FY consolidated sales amounted to 6,471.7 million euros ($6.85 billion), up by 7.2 pct compared to 2015 . FY operating income 133.7 million euros vs 234.8 million euros year ago . FY consolidated result before tax reached 99.6 million euros in 2016 compared to 196.4 million euros in 2015 . Proposes to increase the gross dividend from 0.90 euro per share for 2015 to 0.95 euro per share for 2016 . For 2017 co aims at an adjusted consolidated result before tax, group’s share, that is about 10 pct higher compared to 241.6 million euros in 2016 . For 2017 D’Ieteren Auto aims at a slightly higher adjusted result before tax, group’s share, thanks to market share gains . For 2017 Belron’s adjusted result before tax, group’s share, expected at 19.0 million euros in 2017 versus 9.5 million euros in 2016 .Moleskine is expected to grow its adjusted result before tax, group’s share, by more than 10 pct in 2017.  Full Article

Moleskine shares rise above bid price, trader cites short covering
Friday, 23 Sep 2016 

Moleskine: Shares in the Italian notebook maker rise above the bid price offered by Belgian car importer D'Ieteren . Stock is up 13 pct at 2.42 euros by 0734 GMT; . Milan-based trader says move likely due to short covering; does not believe bid will be sweetened or counter offer will come as D'Ieteren bid "well priced" . D'Ieteren has agreed to buy a 41 percent stake in Moleskine at 2.40 euros per share and will launch a mandatory offer for the rest of the group to delist it from the Milan bourse.[nL8N1BY50H] Further company coverage: [MSK.MI] (Reporting by Milan newsroom).  Full Article

D’ieteren reaches agreement to acquire a 41% stake in Moleskine
Thursday, 22 Sep 2016 

D'ieteren Sa : D’ieteren has reached an agreement to acquire a 41 pct stake in Moleskine and plans to launch a public takeover offer on the remaining shares Further company coverage: [IETB.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

D'Ieteren H1 group's share in net result rises to 108.8 million euros
Monday, 29 Aug 2016 

D'Ieteren SA : H1 group's share in the net result for the period: 108.8 million euros (83.7 million euros in H1 2015) .Unchanged FY 2016 guidance See also: [nFWN1BA0EP].  Full Article

D'Ieteren H1 net result group share rises to 108.8 million euros
Monday, 29 Aug 2016 

D'Ieteren SA : H1 consolidated result before tax from continuing operations reached EUR 154.9 million ($173.13 million) versus EUR 136.7 million in H1 2015 . H1 group's share in the net result for the period stands at EUR 108.8 million versus EUR 83.7 million in H1 2015 . Says the recent weakening of the British pound versus the euro should have a positive impact on D'Ieteren's key KPI this year .H1 sales EUR 3.42 billion versus EUR 3.20 billion year ago.  Full Article

D'Ieteren Q1 consolidated sales from continuing operations up 4.6% in 1Q 2016
Thursday, 26 May 2016 

D'Ieteren Sa : Consolidated sales from continuing operations rose by 4.6 pct in 1Q 2016 . D'Ieteren maintains its full year guidance . For FY Group aims at a stable or slightly lower current consolidated result before tax, group's share2, compared to 212.1 million euros in 2015 .For FY, Belron segments expects moderate organic sales growth despite continuing adverse underlying market trends in Europe.  Full Article

French and Benelux stocks-Factors to watch on Dec 13

Dec 13 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.