migrating content from paper to digital devices and vice versa
"Keeps you going and
• Global one-stop shop for quality parts and accessories for material handling, construction, agricultural
and industrial equipment that also provides a wide range of technical services
40%
growing"
•
Based in Waregem, Belgium, operating 81 branches across all continents
• Unique data-driven operating model and consolidation platform
"Support affordable &
• European leader in spare parts omni-channel distribution and services for light vehicles and trucks
•
Critical distribution partner in the independent aftermarket ecosystem with B2B and B2C sales channels
100%2
sustainable mobility"
• Highly performing operating model based on superior scale and sourcing capabilities, leading online
platforms, logistics excellence and dense distribution network
"Creating timeless living and working
•
More than 30 sites including offices, workshops, showrooms, car parks and warehousing
100%
spaces adapted to the evolving needs
•
Portfolio Fair Market Value of ~€300m
of people and society"
•
€20m of annual net rental income
1 Economic rights, fully diluted
D'Ieteren Group
General Presentation
4
2 Management & several independent distributors will invest alongside DIG in PHE, up to a combined ownership of c.10%.
D'Ieteren Group- Performance
Adjusted PBT, group's share (€ m)
484.4
305.4
305.8
300.7
299.3
332.7
203.0
212.1
241.6
247.9
226.1
177.6
157.2
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2019*
2020
2021**
2022e
Note: consolidation scope not fully comparable across period (Avis Europe included until 2011; Moleskine included from 2017; Belron at 100% before 2018)
D'Ieteren Group
General Presentation
5
* Post- IFRS 16, including 53.75% of Belron in 2019, 53.65% in 2020 and 50.01% from 2021 onwards
** Includes one quarter of TVH (Q4-21)
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D'Ieteren NV published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 12:49:03 UTC.
In existence since 1805, and across family generations, D'Ieteren Group seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry and geographies. The Group currently owns the following businesses:
- Belron (equity-accounted investee) has a clear purpose: "making a difference by solving people's problems with real care". It is the worldwide leader in vehicle glass repair and replacement and operates in 40 countries, through wholly owned businesses and franchises, with market leading brands - including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers;
- D'Ieteren Automotive distributes Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Rimac, Cupra and Porsche vehicles in Belgium. It has a market share of more than 23% and 1.2 million vehicles on the road. Its business model is evolving towards "improving the lives of citizens with fluid, accessible and sustainable mobility";
- TVH Parts (equity-accounted investee), is a leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment. It operates in 26 countries worldwide. It has a unique operating model and has a clear purpose of "keeping customers going and growing";
- Moleskine is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform. Its purpose is to "unleash the human genius through hands on paper to empower creativity and knowledge in each individual and the entire world";
- D'Ieteren Immo groups together the Belgian real estate interests of D'Ieteren Group. It owns and manages 37 sites. It also pursues investment projects and carries out studies into possible site renovations.