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Europcar Mobility Group SA (EUCAR.PA)

EUCAR.PA on Paris Stock Exchange

8.24EUR
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Europcar Groupe Becomes Europcar Mobility Group
Tuesday, 22 May 2018 02:03am EDT 

May 22 (Reuters) - EUROPCAR GROUPE SA ::BECOMES EUROPCAR MOBILITY GROUP.  Full Article

Europcar Closes Transaction To Sell Its 25 pct Stake In Car2go Europe For 70 Million Euros
Wednesday, 4 Apr 2018 11:45am EDT 

April 4 (Reuters) - Europcar Groupe SA ::EUROPCAR CLOSES TRANSACTION TO SELL ITS 25% STAKE IN CAR2GO EUROPE FOR €70 MILLION.  Full Article

Europcar Sells Its 25% Stake In Car2go Europe For 70 Million Euros
Thursday, 1 Mar 2018 01:07am EST 

March 1 (Reuters) - EUROPCAR GROUPE SA ::EUROPCAR SELLS ITS 25% STAKE IN CAR2GO EUROPE FOR €70M.EUROPCAR GROUPE SA - EXPECT TO SPEND BETWEEN 150 TO 250 MILLION EUROS OVER 2018-2020 IN NEW MOBILITY CAPEX AND M&A.EUROPCAR GROUPE SA - SALE OF 25% STAKE IN CAR2GO EUROPE SIGNIFICANTLY CONTRIBUTES TO FUNDING NEW MOBILITY CAPEX.  Full Article

Europcar Reiterates All Four Of Its Financial Targets For Year 2017
Wednesday, 17 Jan 2018 01:01am EST 

Jan 17 (Reuters) - EUROPCAR GROUPE SA ::EUROPCAR GROUPE SA - CONFIRMS THAT IT CAN DELIVER RUN-RATE COST SYNERGIES OF AT LEAST 30 MILLION EUROS FROM GOLDCAR.EUROPCAR - REITERATES ITS AMBITION OF REACHING AT LEAST 3 BILLION EUROS OF REVENUE AND 14% CORPORATE EBITDA MARGIN (EXCLUDING NEW MOBILITY) BY END 2020.EUROPCAR GROUPE SA - IS EXPECTED TO SPEND UP TO 150 MILLION EUROS ON FURTHER BOLT-ON ACQUISITIONS IN 2018.EUROPCAR GROUPE SA - IS EXPECTED TO SPEND 150 TO 250 MILLION EUROS OVER 2018-2020 IN NEW MOBILITY CAPEX AND M&A.EUROPCAR GROUPE SA - IS EXPECTED TO SPEND NON FLEET CAPEX OF AROUND 50 MILLION EUROS PER YEAR OVER 2018-2020.EUROPCAR GROUPE SA - REITERATES ALL FOUR OF ITS FINANCIAL TARGETS FOR YEAR 2017.EUROPCAR GROUPE SA - OVER 2018-2020, GROUP INTENDS TO CONTINUE TO TARGET FCF CONVERSION ABOVE 50% AND CORPORATE LEVERAGE BELOW 3X.  Full Article

Luc Peligry Is Appointed Chief Financial Officer Of Europcar Group
Monday, 8 Jan 2018 12:02pm EST 

Jan 8 (Reuters) - EUROPCAR GROUPE SA ::LUC PÉLIGRY IS APPOINTED CHIEF FINANCIAL OFFICER OF EUROPCAR GROUP.  Full Article

Europcar Has Received Approval From The Eu Commission To Acquire Goldcar
Tuesday, 5 Dec 2017 12:04pm EST 

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 11:46am EST 

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 02:11am EST 

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 03:33am EDT 

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

Eurazeo sells 10 pct stake in Europcar
Tuesday, 3 Oct 2017 02:20am EDT 

Oct 3 (Reuters) - Eurazeo /Europcar ::* Eurazeo announces that, together with its co-investors ECIP Europcar Sarl, it has successfully sold 16,103,088 ordinary shares of Europcar Groupe SA, representing 10.00% of Europcar’s share capital and 10.04% of Europcar’s voting rights.* Disposal generated net proceeds for Eurazeo of 179 million euros ($210 million), i.e. a multiple of about 1.7x of its investment on this transaction.* Following the sale, Eurazeo and ECIP Europcar Sarl will remain shareholders of Europcar with shareholdings representing respectively 30.40% and 4.36% of Europcar’s share capital and 30.54% and 4.38% of Europcar’s voting rights.* Citigroup Global Markets Limited and Société Générale CIB acted as Joint-Bookrunners in connection with the placement. Rothschild acted as financial advisor to Eurazeo.  Full Article

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Car share operators jump in as Paris Autolib scheme withers

PARIS A string of private car-share operators are revving up business in Paris as the pioneering city-run Autolib scheme comes to an end and city authorities promote car sharing over private ownership.