Ayvens falls after Q4 operating income miss

Ayvens SA

06/02/2025 09:17

** Shares in French car leasing company Ayvens  AYV.PA  fall
4%, as it publishes Q4 operating income below market
expectations
    ** Its Q4 gross operating income reaches 712.9 million euros
 ($738.71 million), below the 740.1 million euros expected in a
company-compiled consensus, ING says
    ** "Fleet growth remains an issue as the total fleet shrank
by 3.6% to 3.298 million vehicles," ING analysts say, adding it
the figure was 1.3% below consensus
    ** Its results from used car sales also shrinks 59.8% YoY at
37.7 million euros, below the 65.2% expected in the consensus,
the broker adds
    ** Shares in Ayvens are on track for their worst day since
November 12, if losses hold


($1 = 0.9651 euros)

 (Reporting by Mathias de Rozario in Gdansk)
 ((mathias.derozario@thomsonreuters.com;))