Brief: ALD Q1 Net Income Group Share Rises To Eur 315.5 Million

Ayvens SA

12/05/2023 07:46

May 12 (Reuters) - Ald Sa  ALDA.PA : 
    * NET INCOME (GROUP SHARE): EUR 315.5 MILLION, UP 22.4%
VERSUS. Q1
2022
    * CLOSING OF LEASEPLAN ACQUISITION PLANNED FOR 22 MAY 2023
    * DISPOSAL OF ALD RUSSIA COMPLETED IN APRIL 2023
    * FUNDED FLEET AT 1.42 MILLION VERSUS 1.44 MILLION YEAR AGO
    * COST OF RISK AT EUR 8.8 MILLION, VERSUS. EUR 7.9 MILLION
IN Q1
2022
    * USED CAR SALES RESULT AT EUR 190.5 MILLION, VERSUS. EUR
215.2
MILLION IN Q1 2022
    * TOTAL CONTRACTS 1.81 MILLION CONTRACTS MANAGED WORLDWIDE
AT END
MARCH 2023
    * WILL ISSUE EUR 750 MILLION ADDITIONAL TIER 1 AND EUR 1,500
MILLION TIER 2 CAPITAL IN ORDER TO REINFORCE ITS CAPITAL
STRUCTURE IN AN OPTIMAL MANNER
    * COSTS TO ACHIEVE WITHIN INTEGRATION PLAN ARE EXPECTED TO
BE IN
RANGE OF EUR 150 MILLION TO EUR 180 MILLION IN 2023
    * LEASING CONTRACT AND SERVICES MARGIN SAT EUR 541.1
MILLION, UP
63.3% VERSUS. Q1 2022

Source text for Eikon:  ID:nEQ6bvDT1a 
Further company coverage:  ALDA.PA 

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