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Europcar has announced total revenue of €707 million compared for the third quarter of 2016, compared to a figure of €693 million in 2015.
This represents a 5.1 per cent increase at constant currency.
Excluding Locaroise, its third French Franchisee (fully consolidated since July), total revenues growth reached 4.5 per cent.
This increase is mainly driven by a 5.3 per cent growth at constant currency in rental revenue (€665 million) partly off-set by the decrease in petrol prices.
This performance was supported by a good leisure momentum across all brands, and an improvement in the business segments compared to the first half of 2016.
Europcar has announced total revenue of €707 million compared for the third quarter of 2016, compared to a figure of €693 million in 2015.
This represents a 5.1 per cent increase at constant currency.
Excluding Locaroise, its third French Franchisee (fully consolidated since July), total revenues growth reached 4.5 per cent.
This increase is mainly driven by a 5.3 per cent growth at constant currency in rental revenue (€665 million) partly off-set by the decrease in petrol prices.
This performance was supported by a good leisure momentum across all brands, and an improvement in the business segments compared to the first half of 2016.
Sourse: breakingtravelnews.com
