S.A. D'ieteren N.V. Reports Consolidated Interim Management Statement for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Year 2013
May 15, 2013
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S.A. D'Ieteren N.V. reported consolidated interim management statement for the first quarter ended March 31, 2013. For the period, the company's sales were down 5.5% and 4.8% on a like-for-like basis from a year ago. Current result before tax, group's share was down 1.4%.
Given that the start of the year (including April) is broadly in line with expectations, the company still expects its 2013 current consolidated result before tax, group's share, to decline by 10% to15% compared with 2012.
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.
S.A. D'ieteren N.V. Reports Consolidated Interim Management Statement for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Year 2013
D'IETEREN GROUP 
