D'Ieteren Group (STU:DJDA)
€ 199.5 -0.1 (-0.05%) Market Cap: 10.71 Bil Enterprise Value: 11.12 Bil PE Ratio: 27.79 PB Ratio: 3.07 GF Score: 86/100

Q4 2018 D'Ieteren SA Earnings Call Transcript

Feb 28, 2019 / 05:00PM GMT
Release Date Price: €33.36 (-1.30%)
Operator

Ladies and gentlemen, welcome to D'Ieteren 2018 Full Year Results Conference Call.

I now hand over to Mr. Axel Miller, CEO. Sir, please go ahead.

Axel Miller;Ieteren SA;CEO
D;MD & Director

'- -

Thank you. Good evening to all of you. I am sitting here, as usual, with my colleagues from the executive committee, Arnaud Laviolette, who is our Finance Director; and Jean-François Bourguignon, our Head of Consolidation; and our responsible for Financial Communication and Investor Relations, Pascale Weber, to comment the results that we have just announced for the year 2018, which as you may have seen, is a good -- a very good year for D'Ieteren group in all of its activities.

I will not start without making a small caveat just to present the numbers in the best possible fashion. You will remember that we have, in February of 2018, done the closing of the sale of a 40% interest to our partners in Belron being Clayton, Dubilier & Rice (CD&R), and hence when we look at the numbers, there are 3

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