D'Ieteren Group (XBRU:DIE)
€ 198.9 -4.7 (-2.31%) Market Cap: 10.53 Bil Enterprise Value: 11.16 Bil PE Ratio: 21.30 PB Ratio: 3.05 GF Score: 91/100

Q4 2020 D'Ieteren Group NV Earnings Call Transcript

Mar 08, 2021 / NTS GMT
Release Date Price: €69.7 (+0.58%)
Operator

Ladies and gentlemen, welcome to the D'Ieteren 2020 full year results conference call. I will now hand over to Mr. Francis Deprez, CEO; and Arnaud Laviolette, the CFO. Gentlemen, please go ahead.

Francis Deprez;Ieteren Group NV;CEO
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Well, good evening, everyone. Francis Deprez here. And my colleague, Arnaud Laviolette is on this -- key highlights on the 2020 results and our outlook for 2021 for the D'Ieteren Group. Three messages at the beginning. One is that we have delivered more than solid results in this very unusual 2020, driven by a record year at Belron and pretty resilient Automotive business.

Secondly, that we will propose to our general assembly, a gross ordinary dividend per share of EUR1.35 and that we will guide or that we are guiding for 2021 and that despite continued uncertainty and in the absence of any renewed or more severe lockdown than what we know today, we expect our typical KPI, which is adjusted profit before tax group share to grow with at least 25% in 2021, driven by all three activities.

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