Aandeel D'IETEREN GROUP BRU:DIE.BL, BE0974259880

quote:

GrandmasterC schreef op 16 mei 2024 15:45:

Lijkt mij een goede dip om bij te kopen, dat heb ik dan ook vandaag gedaan.

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TonyTT schreef op 16 mei 2024 12:30:

Het zou te maken hebben met de resultaten van Belronconcurrent Boyd, die gisteren gepubliceerd zijn.

"First quarter results were disappointing, with sales of $786.5 million, Adjusted EBITDA of $81.7 million and net earnings of $8.4 million", said Timothy O'Day, President & Chief Executive Officer of the Boyd Group. "Following several quarters of demand for services exceeding capacity, the first quarter was significantly impacted by mild winter weather with claims and appraisal volumes experiencing decline, while used car pricing returned to more normal levels, increasing the frequency of total losses. As reported by industry sources, repairable appraisals were down 8% during the quarter, with a greater share of decline in the month of March, which was unanticipated when we last reported. As a result of the decline in demand, the cost structure and workforce that Boyd had in place exceeded the level of demand and placed pressure on the level of Adjusted EBITDA the Company could deliver during the first quarter of 2024."