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D'Ieteren SA (IETB.BR)

IETB.BR on Brussels Stock Exchange

55.80EUR
18 Oct 2019
Change (% chg)

€0.20 (+0.36%)
Prev Close
€55.60
Open
€55.40
Day's High
€57.00
Day's Low
€55.30
Volume
107,210
Avg. Vol
73,296
52-wk High
€58.90
52-wk Low
€32.28

Latest Key Developments (Source: Significant Developments)

D'Ieteren: Belron Launches Syndication Of EUR 850 Mln Equivalent Of Additional Debt
Friday, 18 Oct 2019 

Oct 18 (Reuters) - D'Ieteren SA ::SAYS BELRON LAUNCHES A SYNDICATION OF EUR 850 MILLION EQUIVALENT OF ADDITIONAL DEBT.SAYS EXTRAORDINARY DIVIDEND THAT D’IETEREN WOULD RECEIVE FROM BELRON FOLLOWING THIS TRANSACTION WOULD ALLOW IT TO PURSUE ITS LONG-TERM STRATEGY.THE PROCEEDS OF THE DEBT ISSUANCE WOULD BE UPSTREAMED TO THE SHAREHOLDERS OF BELRON.  Full Article

Francis Deprez Becomes New CEO Of D'Ieteren
Monday, 1 Jul 2019 

July 1 (Reuters) - D'IETEREN SA ::FRANCIS DEPREZ BECOMES NEW CEO OF D'IETEREN.  Full Article

D’Ieteren Group Combined Sales Grow 3.5% In Q1 2019
Thursday, 16 May 2019 

May 16 (Reuters) - D'IETEREN SA ::FOR FY 2019 THE ADJUSTED RESULT BEFORE TAX, GROUP’S SHARE FOR D’IETEREN AUTO, IS EXPECTED TO IMPROVE SLIGHTLY IN FY 2019 THANKS TO COST CONTAINMENT AND THE CONTRIBUTION OF ACQUISITIONS.D’IETEREN AUTO AIMS AT A HIGHER MARKET SHARE IN A BELGIAN NEW CAR MARKET THAT IS EXPECTED TO BE SLIGHTLY DOWN IN 2019.FOR FY 2019, D’IETEREN AIMS AT AN ADJUSTED CONSOLIDATED RESULT BEFORE TAX, GROUP’S SHARE4 THAT IS AT LEAST 25% HIGHER (PREVIOUS GUIDANCE: “A DOUBLE-DIGIT IMPROVEMENT”.D’IETEREN GROUP’S COMBINED SALES GROWTH (+3.5%) IN Q1 2019 WAS UNDERPINNED BY BELRON’S STRONG PERFORMANCE, PARTICULARLY IN THE US..GUIDANCE ASSUMES A 54.10% STAKE IN BELRON IN 2018 (REBASED) AND 2019 AND AVERAGE FOREIGN EXCHANGE RATES IN 2019 THAT ARE IN LINE WITH THE EXCHANGE RATES THAT PREVAILED AT THE END OF 2018..  Full Article

D'Ieteren Says Its Board Of Directors And Axel Miller Terminate Their Collaboration
Monday, 8 Apr 2019 

April 8 (Reuters) - D'IETEREN SA ::D'IETEREN GROUP AND AXEL MILLER TERMINATE THEIR COLLABORATION.CONSEQUENTLY, AXEL MILLER LEAVES HIS POSITION AS CEO, MANAGING DIRECTOR OF D'IETEREN AND OTHER POSITIONS WITHIN GROUP AND ITS SUBSIDIARIES..DAILY MANAGEMENT OF GROUP WILL CONTINUE TO BE CARRIED OUT BY OTHER MEMBERS OF EXECUTIVE COMMITTEE, ARNAUD LAVIOLETTE & FRANCIS DEPREZ, PENDING APPOINTMENT OF NEW CEO.  Full Article

D'Ieteren FY Operating Result Increases To 114.7 Million Euros
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - D'IETEREN SA ::OPERATING RESULT TOTALLED EUR 114.7 MILLION IN 2018 (2017: EUR 96.3 MILLION) .ON A COMPARABLE BASIS, D’IETEREN IS AIMING FOR A DOUBLE-DIGIT IMPROVEMENT FOR ITS FY 2019 ADJUSTED CONSOLIDATED RESULT BEFORE TAX, GROUP’S SHARE.FY CONSOLIDATED SALES UNDER IFRS AMOUNTED TO EUR 3,578.1 MILLION (+3.6%).THE BOARD OF DIRECTORS PROPOSES A GROSS ORDINARY DIVIDEND OF EUR 1.00 PER SHARE.2018 CONSOLIDATED RESULT BEFORE TAX UNDER IFRS REACHED EUR 67.5 MILLION (EUR 99.8 MILLION IN 2017).2018 GROUP’S SHARE IN THE NET RESULT FOR THE PERIOD EQUALLED EUR 1,048.0 MILLION (EUR 112.6 MILLION IN 2017).  Full Article

D'ieteren Announces Belron Is Launching 'Term Loan B'
Monday, 29 Oct 2018 

Oct 29 (Reuters) - D'IETEREN SA ::BELRON IS LAUNCHING ON BEST EFFORT BASIS A SYNDICATION IN INSTITUTIONAL LOAN MARKET FOR A 7 YEAR 'TERM LOAN B' OF EUR 400 MILLION EQUIVALENT.TERM LOAN IS INTENDED TO BE DENOMINATED IN USD AND WOULD BE ISSUED BY BELRON FINANCE US LLC.PROCEEDS OF THE TERM LOAN WOULD BE USED TO PAY A DIVIDEND TO THE SHAREHOLDERS OF BELRON.TRANSACTION WOULD EXTEND BELRON’S DEBT MATURITY PROFILE AS THE NEW TERM LOAN IS EXPECTED TO HAVE A NOVEMBER 2025 MATURITY.EXTRAORDINARY DIVIDEND THAT D’IETEREN WOULD RECEIVE FROM BELRON FOLLOWING TRANSACTION WOULD ALLOW IT TO PURSUE LONG-TERM STRATEGY.  Full Article

D'Ieteren H1 Consolidated Sales Under IFRS Up At 2.1 Billion Euros
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - D'IETEREN SA ::FOR D’IETEREN AUTO DIVISION, IN 2018 EXPECTS LONGER DELIVERY LEAD TIMES FOR SEVERAL POPULAR MODELS.H1 CONSOLIDATED SALES UNDER IFRS AMOUNTED TO EUR 2,072.2 MILLION (+9.5%)..H1 CONSOLIDATED RESULT BEFORE TAX (UNDER IFRS) REACHED EUR 96.8 MILLION (EUR 62.7 MILLION IN H1 2017).NET CASH POSITION REACHED EUR 3.5 MILLION AT THE END OF JUNE 2018.BELRON AIMED AT MODERATE ORGANIC SALES GROWTH IN FY 2018, IT NOW EXPECTS CLOSE TO 10% GROWTH..BELRON’S ADJUSTED RESULT BEFORE TAX, GROUP’S SHARE1 IS EXPECTED TO RISE BY ABOUT 15% (PREVIOUS GUIDANCE: “HIGH SINGLE DIGIT GROWTH”) IN FY 2018.BELRON REVISED GUIDANCE ASSUMES AN AVERAGE USD/EUR RATE OF 1.18.UNCHANGED GUIDANCE FOR MOLESKINE IN FY 2018.  Full Article

D'Ieteren Q1 Group Combined Sales Rises By 3.5 Percent
Wednesday, 30 May 2018 

May 30 (Reuters) - D'IETEREN SA ::GROUP’S COMBINED SALES ROSE BY 3.5% IN 1Q 2018.UNCHANGED FULL-YEAR GUIDANCE.  Full Article

Belron Enters An Agreement To Acquire Assets And Operations Of Laser Group
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - D'IETEREN SA ::BELRON ENTERS AN AGREEMENT TO ACQUIRE ASSETS AND OPERATIONS OF LASER GROUP.LASER GROUP PROVIDES SERVICES TO HOME OWNERS IN PLUMBING AND ELECTRICAL SERVICES IN AUSTRALIA AND NEW ZEALAND.  Full Article

D'Ieteren Aims At An Average Of 2 To 3 Pct Sales Growth For Next 5 Years
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - D'IETEREN SA ::D'IETEREN AUTO NOW AIMS AT AN AVERAGE OF 2-3% SALES GROWTH FOR NEXT 5 YEARS..ADJUSTED OPERATING MARGIN TARGET FOR D'IETEREN AUTO INCLUDING CORPORATE HAS BEEN UPPED FROM 2.5% TO >3% FOR NEXT 5 YRS.D'IETEREN AUTO PRE-TAX ROCE TARGET HAS BEEN INCREASED FROM 15% TO 20% FOR NEXT 5 YEARS.D'IETEREN AUTO YEAR-TO-DATE SALES AT END OF OCTOBER WERE UP 5.9% VERSUS SAME PERIOD LAST YEAR..  Full Article