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D'IETEREN ANNUAL RESULTS

D'Ieteren FY 2006 Annual Results
28.02.07


Current result before tax, group's share, up 30.4% to EUR 154.6 million:

  • Automobile distribution and Corporate activities : up 64.8%, to EUR 59.5 million mainly due to record sales
  • Car rental : up 1.8% to EUR 23.1 million; good volume growth and utilisation improvement but continuing competitive pricing, higher fleet and interest costs
  • Vehicle glass : up 20.4% to EUR 72.0 million mainly as a result of strong sales growth and operational efficiency gains

Group's share in the result of the period up 31.2% at EUR 100.0 million, including unusual items notably related to the overhead re-structuring programme at Avis Europe and the integration of the 2005/2006 Belron acquisitions in North America.

Gross dividend proposed for 2006: EUR 2.64 per share, up 10.0%.

Click here to read the full press release.


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"Keeping to our core business has allowed BELRON to continue delivering outstanding customer service. That's why we are the Global No.1".


Jeff Boekstein
Sales & Marketing Director

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