Europcar Mobility Group S.A. provided earnings guidance for 2020. With all the implementation of these measures and a strong focus on cash, overall expectation for the full year are to improve the first half corporate EBITDA with a limited impact on cash for the year-end. Based on the new framework and building on internal capabilities, the company targeting to grow recurring revenue with a better balance between leisure, professional and proximity. In parallel, a better scalability effect will lead to better cost structure absorptions, in particular, in the distribution areas, resulting in a greater and recurring free cash flow generation while reducing earnings volatility.