Regulatory News:
Europcar, Europe’s leader in car rental services and a subsidiary of
Eurazeo (Paris:RF), today presents its business model, markets and
growth outlook at an Investor Day.
Europcar and its shareholder Eurazeo are holding an Investor Day today
in Hamburg for 50 investors, analysts and bondholders. Europcar,
Europe’s leader in car rental services providing access to the world’s
largest vehicle rental network, will present its competitive advantages,
its economic and financial model as well as its growth strategy and
objectives.
Europcar CEO, Philippe Guillemot, will discuss Europcar’s position as
European market leader, providing access to the world’s leading vehicle
rental network, the strong resilience of Europcar’s business model
demonstrated during the economic crisis, the company's ability to
leverage its leadership position to achieve market growth, the quality
of its network and its flexible and efficient fleet management system,
the impact of societal changes on the car rental market, and the
company’s close relationships with car manufacturers and partners in the
leisure and transportation industries.
Europcar’s objective is to deliver annual revenue growth between 6.0%
and 6.5% by 2013 and to increase adjusted EBIT* through a combination of
development plan initiatives and its network’s position in high-growth,
emerging country markets.
The presentation is available on Eurazeo’s web site: www.eurazeo.com
under "Communication” / "Presentations.”
* See Basis of Preparation of the Financial Information in the
appendix of the presentation.
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About Europcar
Europcar is the European leader in car rental services.
Present in 150 countries, Europcar provides customers with access to the
world’s largest vehicle rental network through franchise operations and
partnerships. Through its portfolio of brands, Europcar generates almost
3 billion euros in revenue*, including 2 billion euros in consolidated
revenue*.
With 6,600 employees committed to delivering customer satisfaction and
an average fleet close to 200,000 vehicles, Europcar is conscious of its
corporate citizenship responsibilities. Winner of the first World Travel
Award recognizing the world's leading green transport solutions company,
Europcar also was honored with the Award in 2010, the second time it was
presented.
Europcar is owned by French investment company, Eurazeo.
For more information: www.europcar.com/corporate
*2010 unaudited figures
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Press contact - Europcar:
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Europcar press office
communication@europcar.com
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Marine Boulot
Marine.boulot@europcar.com
Tel : +33 (0)1 30 44 94 30
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About Eurazeo
With a diversified portfolio in excess of 4 billion euros in assets,
significant investment capacity and a long-term investment strategy,
Eurazeo is one of the leading listed investment companies in Europe.
Eurazeo is the majority or leading shareholder in Accor, ANF, APCOA,
Edenred, Elis, Europcar and Rexel.
Eurazeo’s shares are quoted on the Paris Euronext Eurolist on a
continuous basis.
(ISIN code: FR0000121121, Bloomberg Code: RF FP,
Reuters Code: EURA.PA)
Eurazeo financial calendar
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2010 Revenues will be released on February 10, 2011
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2010 Results will be released on March 25, 2011
