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ALD SA (ALDA.PA)

ALDA.PA on Paris Stock Exchange

7.94EUR
25 Sep 2020
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Latest Key Developments (Source: Significant Developments)

ALD H1 Net Profit Group Share Down At 206.8 Million Euros
Monday, 3 Aug 2020 

Aug 3 (Reuters) - ALD SA ::H1 NET PROFIT 206.8 MILLION EUR VERSUS 280.7 MILLION EUR YEAR AGO.TOTAL FLEET 1.76 MILLION VEHICLES MANAGED WORLDWIDE AT END JUNE 2020, +3.8% VERSUS. JUNE 2019.FY20 OUTLOOK: TOTAL FLEET GROWTH (ORGANIC) CLOSE TO 0% VERSUS 2019, PLUS BOLT-ON ACQUISITIONS AS OPPORTUNITIES ARISE.FY20 OUTLOOK: USED CAR SALES RESULT PER VEHICLE TO AVERAGE EUR -250 TO EUR 0.FY20 OUTLOOK: COST/INCOME (EXCLUDING USED CAR SALES RESULT) RATIO BETWEEN 50% AND 51%.LEASING CONTRACT AND SERVICES MARGINS DOWN EUR 22.0 MILLION, INCORPORATING IMPACT OF FLEET REVALUATION PROCESS: EUR 30.0 MILLION EXCESS DEPRECIATION CHARGE IN H1 2020 VERSUS. EUR 11.3 MILLION RELEASE IN H1 2019.H1 USED CAR SALES RESULT AT EUR -11.6 MILLION, INCLUDING IMPAIRMENT OF USED CAR STOCK OF EUR 18.6M.COST OF RISK AT 46 BPS, INCLUDING A FORWARD-LOOKING PROVISION UNDER IFRS9.H1 TOTAL EQUITY/ASSET RATIO AT 15.6%, UP FROM 15.2% AT END JUNE 2019.NET INCOME (GROUP SHARE) REACHED EUR 206.8 MILLION IN H1 2020, DOWN FROM EUR 280.7 MILLION IN H1 2019.  Full Article

ALD Q1 Operating Result Down At 146.4 Million Euros
Wednesday, 6 May 2020 

May 6 (Reuters) - ALD SA ::ALD: Q1 2020 TRADING UPDATE.2019 EUR 0.63 DIVIDEND PER SHARE PROPOSAL MAINTAINED.Q1 ORGANIC TOTAL FLEET GROWTH + 4.9% VERSUS. END MARCH 2019.Q1 NET INCOME GROUP SHARE EUR 128.9 MILLION VERSUS EUR 133.8 MILLION YEAR AGO.ROBUST BUSINESS MODEL WITH MULTI-YEAR CONTRACTS.END-Q1 COST OF RISK UP EUR 7.4 MILLION VERSUS Q1 2019, INCLUDING A EUR 4.4 MILLION IFRS PROVISION FOR COVID-19 CRISIS RELATED CREDIT RISK.TOTAL FLEET REACHED 1.78 MILLION VEHICLES AT END OF MARCH 2020.Q1 OPERATING EXPENSES AT EUR 4.6 MILLION, UP 2.9% VERSUS. Q1 2019.LEASING CONTRACT MARGIN REACHED EUR 165.1 MILLION AND SERVICES MARGIN EUR 158.0 MILLION IN Q1 2020.EXPECTS 2020 OPERATING PERFORMANCE TO BE IMPACTED BY ADVERSE ECONOMIC ENVIRONMENT AND HAS WITHDRAWN GUIDANCE FOR YEAR AT END-MARCH.ALD'S FUNDING NEEDS IN 2020 ARE LIKELY TO BE LIMITED DUE TO CONTRACT DURATION EXTENSIONS AND SLOWER FLEET GROWTH THAN ANTICIPATED.AN EXCEPTIONAL COVID-19 RELATED EUR 9 MILLION IMPAIRMENT OF USED CAR STOCK WAS RECORDED IN MARCH RESULTS, REFLECTING DELAYS IN SALES AND POTENTIAL REDUCTION IN PRICES OF SECOND HAND CARS.DIFFICULT AT THIS POINT IN TIME TO PROVIDE AN UPDATE ON ALD'S EXPECTED OPERATIONAL OR FINANCIAL PERFORMANCE IN 2020.Q1 OPERATING RESULT EUR 146.4 MILLION VERSUS EUR 164.5 MILLION YEAR AGO.  Full Article

ALD Automotive And Polestar Launch Strategic Collaboration
Tuesday, 28 Apr 2020 

April 28 (Reuters) - ALD SA ::ALD AUTOMOTIVE AND POLESTAR SUCCESSFULLY LAUNCH STRATEGIC COLLABORATION TO OFFER FULLY DIGITAL LEASING SERVICES IN EUROPE.OFFERING WILL BE EXTENDED TO CORPORATE CUSTOMERS IN COMING WEEKS, AS WELL AS IN UK.  Full Article

ALD Q4 Net Income Group Share Down At EUR 137.4 Million
Thursday, 6 Feb 2020 

Feb 6 (Reuters) - ALD SA ::ALD REPORTS FULL YEAR 2019 RESULTS.PROPOSED 2019 DIVIDEND OF EUR 0.63 PER SHARE UP FROM EUR 0.58 IN 2018.ALD SA SEES FOR 2020 PAYOUTRATIO BETWEEN 40 AND 50%.GROSS OPERATING INCOME AT EUR 1,371.4 MILLION, UP 2.1% VERSUS 2018.OUTLOOK FOR 2020: TOTAL FLEET GROWTH (ORGANIC) OF 5 TO 7% VERSUS 2019, PLUS BOLT-ON ACQUISITIONS AS OPPORTUNITIES ARISE.FY NET INCOME (GROUP SHARE) AT EUR 564.2MILLION IN 2019, UP 1.5% VERSUS 2018.Q4 GROSS OPERATING INCOME EUR 342.6 MILLION VERSUS EUR 337.8 MILLION YEAR AGO.OUTLOOK 2020: CAR SALES RESULT PER UNIT TO AVERAGE BETWEEN EUR 100 AND EUR 300.Q4 OPERATING RESULT EUR 170.7 MILLION VERSUS EUR 170.8 MILLION YEAR AGO.FY EARNINGS PER SHARE AT EUR 1.40, VERSUS. EUR 1.37 IN 2018.OUTLOOK FOR 2020: COST/INCOME (EXCLUDING CAR SALES RESULT) RATIO TO IMPROVE BY AT LEAST 0.5 PERCENTAGE POINT.FY TOTAL EQUITY/ASSET RATIO AT 15.7%, WITHIN 15-17% GUIDANCE RANGE.Q4 NET INCOME GROUP SHARE EUR 137.4 MILLION VERSUS EUR 140.2 MILLION YEAR AGO.  Full Article

ALD To Acquire BBVA Automercantil's Renting Portfolio In Portugal
Monday, 17 Jun 2019 

June 17 (Reuters) - ALD SA ::TO ACQUIRE BBVA AUTOMERCANTIL'S RENTING PORTFOLIO IN PORTUGAL AND ENTER INTO A DISTRIBUTION AGREEMENT.COMPLETION OF THIS TRANSACTION WILL BE SUBJECT TO AGREEMENT OF PORTUGUESE COMPETITION AUTHORITY.  Full Article

ALD Acquires SternLease In The Netherlands
Friday, 1 Mar 2019 

March 1 (Reuters) - ALD SA ::ALD ACQUIRES STERNLEASE IN THE NETHERLANDS.DEDICATED DISTRIBUTION AGREEMENT THROUGH DEALERGROUP STERN’S 85 LOCAL BRANCHES.TRANSACTION FORMS PART OF ALD’S GROWTH STRATEGY FOCUSED ON DELIVERING VALUE-ADDED MOBILITY SERVICES TO SMES AND PRIVATE INDIVIDUALS.  Full Article

ALD 9 Month Net Income Group Share Down At 415.4 Million Euros
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - ALD SA ::NET INCOME (GROUP SHARE) AT EUR 415.4 MILLION IN 9M 18.CAR SALES RESULT AT EUR 25.7 MILLION IN Q3 18.TOTAL FLEET IS EXPECTED TO GROW 8-10% IN 2018 COMPARED TO 2017.LEASING CONTRACT & SERVICES MARGINS REACHED EUR 919.7 MILLION, UP 6.7% IN 9M 18 VERSUS. 9M 17.IN 2018, LEASING CONTRACT & SERVICES MARGINS TO GROW IN LINE WITH TOTAL FLEET.IN 2018, CAR SALES RESULT TO AVERAGE BETWEEN EUR 200 AND EUR 400 PER VEHICLE.IN 2018, COST/INCOME (EXCLUDING CAR SALES RESULT) TO IMPROVE TO 50%.ACHIEVEMENTS DURING FIRST 9M MAKE US CONFIDENT TO BE ABLE TO REWARD OUR SHAREHOLDERS WITH A DIVIDEND PAYMENT ABOVE LAST YEAR'S - CEO.IN 2018, TOTAL EQUITY / TOTAL ASSETS RATIO BETWEEN 15% AND 17%.IN 2018, TARGET PAY-OUT RATIO BETWEEN 40% AND 50%.Q3 GROSS OPERATING INCOME EUR 334.3 MILLION VERSUS EUR 332.5 MILLION YEAR AGO.  Full Article

ALD Upgraded To BBB+ By S&P Global Ratings
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - ALD SA ::ALD UPGRADED TO BBB+ BY S&P GLOBAL RATINGS.S&P GLOBAL RATINGS: STABLE OUTLOOK.AT THE SAME TIME, S&P GLOBAL RATINGS AFFIRMED ALD’S A-2 SHORT-TERM ISSUER CREDIT RATING..  Full Article