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D'Ieteren Group Q1 Sales Up 5.4% At EUR3.01 Bln



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May 30 (Reuters) -D'Ieteren Group SA IETB.BR:

  • Q1-24 SALES TRADING UPDATE

  • D'IETEREN GROUP'S SALES, GROUP'S SHARE (INCLUDING BELRON AT 50.3% FOR BOTH PERIODS AND TVH AT 40%) INCREASED BY 5.4% YOY TO EUR 3.01 BLN

  • WILL PROPOSE THE DISTRIBUTION OF GROSS ORDINARY DIVIDEND OF €3.75 PER SHARE

  • MAINTAINS ITS GUIDANCE FOR A FY-24 MID-TO HIGH SINGLE-DIGIT PERCENTAGE GROWTH OF ITS ADJUSTED PROFIT BEFORE TAX, GROUP’S SHARE

  • GUIDANCE ASSUMES NO FURTHER ESCALATION IN GEOPOLITICAL TENSIONS NOR NEW MAJOR DISRUPTIONS IN THE MACROECONOMIC ENVIRONMENT

Source text for Eikon: ID:nNDL2LQ8xw

Further company coverage: IETB.BR


(Gdansk Newsroom)

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