Corporate

Strong third quarter for Europcar, receives €989 million revenue

8 days ago   |   By Travel and Tourworld

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...
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