ALD: Q1 net income up 22%
(CercleFinance.com) - ALD has reported a 22.
4% increase in net income, group share, to E315.5m for Q1 2023, thanks to robust commercial momentum and the continued strength of the used car market, it said.
The mobility services company posted a margin from rental contracts and services of E541.1m, up 63.3%, as well as a result from used car sales of E190.5m, compared with E215.2m a year ago.
ALD also said that it is in an excellent position to tackle the transformation represented by the highly strategic and synergistic acquisition of LeasePlan, an acquisition for which an extraordinary AGM has been convened for 22 May with a view to its closing.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
4% increase in net income, group share, to E315.5m for Q1 2023, thanks to robust commercial momentum and the continued strength of the used car market, it said.
The mobility services company posted a margin from rental contracts and services of E541.1m, up 63.3%, as well as a result from used car sales of E190.5m, compared with E215.2m a year ago.
ALD also said that it is in an excellent position to tackle the transformation represented by the highly strategic and synergistic acquisition of LeasePlan, an acquisition for which an extraordinary AGM has been convened for 22 May with a view to its closing.
Copyright (c) 2023 CercleFinance.com. All rights reserved.