Europcar Mobility Group: First Quarter 2021 Results
YET SOLID RESILIENCE IN DOMESTIC AND V&T ACTIVITIES
STRONG REBOUND IN THE US
LOWERED BREAKEVEN POINT LIMITED CASH CONSUMPTION
ROLLOUT OF CONNECT ON TRACK, WITH FIRST SOLUTIONS SERVICES DELIVERIES
Regulatory News:
Q1 2021 HIGHLIGHTS
Revenue: €356m, down -36%
2, still reflecting the impact of travel restrictions in Europe but showing also a good performance of domestic markets with resilient activities. The US, Australia and New Zealand show good signs of recovery
A strong improvement in margin after direct costs: +2 percentage points to 24.0% vs Q1 2020 thanks to significant reduction in the average fleet (-36% to 187,000 vehicles) and sharp increase in utilization rate (69.9% in Q1 2021) combined with solid cost reductions, demonstrating the Group s flexible model and fast adaptation
Europcar Mobility Group: 2020 Results
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Europcar Mobility Group: 2020 Results
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DIRECT ACCESS TO VEHICLE DATA, FOR AN ENHANCED CUSTOMER EXPERIENCE
AND BETTER FLEET MANAGEMENT CAPACITIES
Regulatory News:
Europcar Mobility Group (Paris:EUCAR) announces today that it is accelerating the roll-out of its Connected vehicles program, while significantly strengthening its technological backbone. After Telefonica and Geotab in October 2020, Free2Move joins the program, simplifying access to data of Peugeot, Citroën, Opel, Vauxhall, DS vehicles and soon other Stellantis brands.
Through this international partnership, Free2Move will provide the Group with seamless access to vehicle telemetry data such as geolocation, fuel level, mileage and maintenance alerts in accordance with data protection regulations.
Europcar Mobility Group Renews Its Alliances With ECO Rent a Car in India and Shouqi Car Rental in China
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