Edition:
India

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. 

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