Europcar has reported income of €3,022 million for 2019, up 0.9 per cent on an natural foundation and or 3.2 per cent on a reported foundation.
Group internet earnings for the 12 months stood €38 million.
Caroline Parot, chief government of Europcar Mobility Group, declared: “The second half of 2019 was difficult, with the European financial slowdown and the Brexit each impacting our company and leisure companies.
“This led us to speed up the roll-out of our effectivity and standardization applications, in order to adapt our cost-base.
“Lastly, on this mushy surroundings characterised by weaker-than-expected demand and pricing stress, we achieved our revised steerage.”
Company internet debt at Europcar Mobility Group totalled €880 million.
Parot added: “In 2020, the surroundings will stay advanced, with macro uncertainties in Europe, in addition to difficult occasions in terms of environmental points or well being main occasions.
“On this regard, whereas having no direct operations within the APAC area, we’re carefully monitoring the evolution of the outbreak state of affairs in our trade and in our firm, from an staff and enterprise perspective.”
She added: “On the similar time, 2020 being a key milestone on our method to our 2023…