Aldermore Share Discussion Threads

[grupo] 03/11/2023 16:24

Updated: ALD under pressure on stock market after Q3 net profit slump
03 November 2023 - 12:40PM
Dow Jones News


PARIS (Agefi-Dow Jones)--ALD shares fell on Friday after Societe Generale's subsidiary specializing in long-term vehicle financing reported results that it described as "mixed" in the third quarter of 2023.

At around 12:20 p.m., the stock was down 4.2% at 6.27 euros, after having already lost more than 40% since the beginning of the year.

For the July-September period, the net profit of Ayvens, the group's new name resulting from the merger between ALD and the Dutch LeasePlan, fell by 28.9% year-on-year, to 226.2 million euros.

In particular, it has suffered from the normalisation of the used car market, in which the group is a major player.

Profit from used vehicle sales per unit in the third quarter reached 1,033 euros, "after the impact of lower depreciation costs

[la forge] 03/11/2023 11:46

Euronext Paris 07:45:28 2023-11-03 am EDT




6.200 EUR -5.27%

[adrian j boris] 01/11/2023 10:31

Euronext Paris 06:24:51 2023-11-01 am EDT

ALD


6.300 EUR -0.55%

[the grumpy old men] 31/10/2023 13:01

VENDREDI 3 NOVEMBRE 2023

FRANCE

PARIS: ALD LeasePlan (location de voitures): résultats 3e trimestre -

[the grumpy old men] 31/10/2023 12:57

Euronext Paris 13:51:20 31/10/2023

ALD


6,345 EUR +1,20%

[florenceorbis] 30/10/2023 08:42

The new Ayvens brand name will be rolled out next year across the 44 countries where it is present, with the UK adopting the new name from summer 2024.

[florenceorbis] 30/10/2023 08:41

Euronext Paris 04:39:25 2023-10-30 am EDT



ALD



6.285 EUR +2.44%

[grupo] 29/10/2023 05:42

Analysts' Consensus

Mean consensus
BUY

Number of Analysts
9

Last Close Price
6.135EUR

Average target price
14.80EUR
Spread / Average Target
+141.24%

High Price Target
22.00EUR
Spread / Highest target
+258.60%

Low Price Target
9.000EUR
Spread / Lowest Target
+46.70%

[adrian j boris] 28/10/2023 13:03

ALD Automotive LeasePlan announces rebrand

24/10/2023
Posted by: Alan Feldberg
bodyshop

Following the merger of ALD Automotive and LeasePlan earlier this year, the joint venture has announced that it is rebranding as Ayvens.

ALD completed the acquisition of LeasePlan for £4.1bn in May, bringing together two of largest leasing companies in the UK into a single organisation with a combined fleet of more than 300,000 vehicles.

The company provides full-service leasing, flexible subscription services, fleet management services and multi-mobility solutions to a client base of large corporates, SMEs, professionals and private individuals.

The company also aims to lead the way to net zero and further shape the digital transformation of the industry.

The new Ayvens brand name will be rolled out next year across the 44 countries where it is present, with the UK adopting the new name from summer 2024.

Tim Albertsen, group chief executive officer, said: “By joining forces, our company is ready to lead the way to the large-scale adoption of sustainable mobility thanks to our size, coverage, service expertise and commitment to innovation.

“As a major player in the mobility sector, we will leverage our power of leadership to shape the future of mobility and achieve excellence.

“This new brand identity will not only allow our 15,700 employees to share a new common identity, but it also reflects how we are changing to accompany our clients’ needs for greater choice, freedom and value and will help us increase market and client awareness, as well as attract the very best talent around the world.”

[florenceorbis] 26/10/2023 13:31

Euronext Paris 08:30:07 2023-10-26 am EDT





6.050 EUR -1.87%

[waldron] 25/10/2023 12:53

Euronext Paris 07:52:18 2023-10-25 am EDT


ALD



6.195 EUR -2.13%

[grupo guitarlumber] 24/10/2023 10:49

Euronext Paris 05:44:34 2023-10-24 am EDT



ALD


6.310 EUR +0.88%


maywillow
19 Oct '23 - 13:03 - 98 of 100
0 1 0
New name for ALD

The European operational car rental giant created by the merger of ALD and LeasePlan will operate from 2024 under the new "Ayvens" brand

[adrian j boris] 23/10/2023 13:52

Euronext Paris 08:47:15 2023-10-23 am EDT






6.205 EUR -0.88%

[florenceorbis] 20/10/2023 09:01

Euronext Paris 03:59:04 2023-10-20 am EDT

ALD


6.260 EUR -1.34%

[maywillow] 19/10/2023 13:03

New name for ALD

The European operational car rental giant created by the merger of ALD and LeasePlan will operate from 2024 under the new "Ayvens" brand

[la forge] 17/10/2023 18:05

Euronext Paris 17:35:39 17/10/2023



ALD



6.560 EUR -1,58%


New name for ALD

The European operational car rental giant created by the merger of ALD and LeasePlan will operate from 2024 under the new "Ayvens" brand

[misca2] 16/10/2023 10:29

New name for ALD

The European operational car rental giant created by the merger of ALD and LeasePlan will operate from 2024 under the new "Ayvens" brand, it announced on Monday.

ALD, a subsidiary of French bank Société Générale whose name appears on the new logo, completed its takeover of Dutch rival LeasePlan in May. The company's shares, whose target price was revised downwards by Deutsche Bank on Monday, were down 0.54% at €6.45.

[sarkasm] 10/10/2023 10:39

Euronext Paris 05:36:05 2023-10-10 am EDT


ALD



7.150 EUR +1.78%

[sarkasm] 06/10/2023 08:43

Euronext Paris 03:40:22 2023-10-06 am EDT

ALD



7.070 EUR +1.07%

[the grumpy old men] 04/10/2023 08:55

Euronext Paris 0:54:14 2023-10-04 am




6.940 EUR -2.25%

[grupo] 03/10/2023 08:27

Euronext Paris 03:25:49 2023-10-03 am EDT



ALD




7.195 EUR -1.51%

[florenceorbis] 02/10/2023 15:38

Euronext Paris 12:36:55 2023-10-02 pm



7.255 EUR -1.09%

[la forge] 30/9/2023 10:54

Euronext Paris 11:36:45 2023-09-29 am EDT




7.335 EUR +0.62%

[sarkasm] 29/9/2023 10:05

Euronext Paris 04:59:44 2023-09-29 am EDT


ALD



7.470 EUR +2.47%