Key Prominent Players Covered in the Commercial Vehicle Rental and Leasing Market Research Report Are Europcar , The Hertz Corporation , Enterprise Holdings, Inc. , SIXT SE , ALD Automotive , Localiza , Unidas , PACCAR Leasing Company , Penske Automotive Group, Inc.Pune, India, June 09, 2021 (GLOBE NEWSWIRE) The global commercial vehicle rental and leasing market is set to gain traction from the increasing adoption of electric vehicles in rental companies owing to insignificant profitability
21.01%
Shares in Europcar Mobility Group reflect an interesting technical chart pattern allowing for a bet on a reversal of the medium term trend.
Investors have an opportunity to buy the stock and target the € 0.52.
Summary
Strengths
Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor s forecast. Indeed, those may increase by 70% by 2023.
As regards fundamentals, the enterprise value to sales ratio is at 1.14 for the current period. Therefore, the company is undervalued.
Weaknesses
The company is in debt and has limited leeway for investment
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Regulatory News: Europcar Mobility Group (Paris:EUCAR) announces the following changes within its Board of Directors: Virginie Fauvel has presented to the Chairman of the Board of Directors
Change in the Executive Committee of Europcar Mobility Group
Regulatory News:
After 10 years within the Europcar Mobility Group (Paris:EUCAR), Fabrizio Ruggiero, Group s Deputy CEO, will leave the company at the end of August, to take up a new professional challenge.
As a consequence, he will step down from his position as Deputy CEO in charge of the Service Lines, the Vans Trucks BU, e-commerce, sales, brand management, customer engagement and international partner development.
The Board of Directors would like to thank him for his strong contribution to the development and the transformation of the Group. First as Italy Country Manager, then as a Deputy CEO of the Group, Fabrizio constantly strived to make Europcar Mobility Group the European N°1 of vehicle rental that it is today, notably expanding its global network as well as its brands portfolio.
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Three leading the Irish charge towards the internet of things
Innovation Partner Profile: ‘Customers trust us to deliver data to their IoT devices’
about an hour ago
The internet of things (IoT) is no longer a future technology. It’s all around us here in the present. And many services and activities we take for granted couldn’t work without it.
“It’s here already,” says Karl McDermott, head of IoT with Three Ireland. “Every car has it and a lot of city bike rental schemes are using it. Cars come with sim cards built into them and they can be controlled remotely or communicate with HQ if something goes wrong.”