| |
|
|
| |
| Activities |
Avis Europe is a leading car rental company in
Europe, Africa, the Middle East and Asia, where it operates the
globally recognised Avis and Budget brands. Avis Europe holds a
long-term licence to operate the two brands in these regions.
The Avis brand operates across four continents via a network of
over 2,900 locations in 109 countries, through wholly-owned
subsidiaries in 13 corporate countries complemented by licence
arrangements in a further 96 countries.
The Budget brand, acquired by Avis Europe in March 2003, serves
customers across three continents through over 900 locations in 68
countries. These are predominantly franchise businesses with
corporate operations in Austria and Switzerland, together with a
small number of locations in France and the UK.
The Avis and Budget licenses are granted to Avis Europe by Avis
Budget Group, Inc., quoted in the United States. The latter
operates the two brands in the rest of the world. Avis Europe
enjoys close commercial ties with Avis Budget Group, Inc.,
including sharing technology and marketing initiatives. Although
they are independently owned, the two companies work in partnership
to provide a global service for customers, wherever the customer is
renting. |
| |
| Advisors |
Stockbroker |
Dresdner Kleinwort Wasserstein |
 |
| |
Registrar |
Equiniti Limited |
|
| |
Auditor |
PricewaterhouseCoopers LLP |
|
| |
Principal Bankers |
Royal Bank of Scotland |
|
| |
Financial PR |
Brunswick Group LLP |
| |
| Board Members |
Non-Executive Chairman |
Alun Cathcart |
|
| |
Executive Deputy
Chairman |
Jean-Pierre Bizet |
|
| |
Chief Executive |
Pascal Bazin |
|
| |
Group Finance Director |
Martyn Smith |
|
| |
Group Commercial
Director |
Simon Palethorpe |
|
| |
Non-Executive
Directors |
Roland D'Ieteren
Gilbert Van Marcke de Lummen
Benoit Ghiot
Malcolm Miller
Axel von Ruedorffer
Les Cullen
Pierre Alain De Smedt
|
| |
| Key Dates |
Interim Results Announcement
2008
|
28 August 2008
|
|
| |
Interim Management Statement
2008
|
|
|
| |
|
|
|
| |
|
|
| |
| Key Financials |
Year ending 31 December 2007:
Revenue: €1,327 million
Underlying Profit before tax*: €37.6 million
Underlying Earnings per share*:2.9 euro cents
Proposed final dividend of nil per share
*Data is based on the continuing operations of
the Group
|
| |
| Sector |
Travel and Tourism
AVE.L |
| |
| Head Office |
Avis Europe plc
Avis House
Park Road
Bracknell
Berkshire
RG12 2EW |
| |
| Website |
www.avis-europe.com |
| |
| Telephone |
Avis HQ +44 (0) 1344 426 644
Budget HQ +44 (0)1344 484 100 |
Avis Europe at a Glance
