Tagged Rental Revenue

Europcar Grows Revenue 3.4% in Past Year

Paris-based Europcar reported a 3.4% increase in revenue for the full-year 2014 — from 1.914 billion euros in 2013 to 1.979 billion euros.

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Sixt Increases Rental Revenue 10.2% in Last Year

German-based Sixt SE has reported 2014 as the most successful fiscal year in its corporate history. The company grew its total number of U.S. stations to 50, from 26 locations at the end of 2013.

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Avis Budget Hits $8.5B for Full-Year 2014 Revenue

Avis Budget Group has reported an increase in revenue year-over-year for both fourth quarter 2014 as well as the full-year 2014: $1.9 billion and $8.5 billion, respectively. In 2014, Avis had its highest total adjusted EBITA in company history at $876 million.

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Avis Budget Increases Q3 Revenue to $2.5B

Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013.

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Sixt Revenue Up 9.8% in First Half of 2014

For the first half of 2014, German-based Sixt SE’s revenue and earnings were both up compared to the same period in 2013, according to the company. Rental revenue increased 9.8% — from EUR 462.2 million in half-year 2013 to EUR 507.7 million (half-year 2014).

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Strong Pricing Lifts Avis Budget’s Earnings

Avis Budget Group Inc. has reported second quarter 2014 revenue of $2.2 billion, a 10% increase compared to second quarter 2013. This is primarily due to an 8% increase in rental days and stronger pricing, which increased 5% year-over-year in North America.

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Avis Adds 10 Percent Revenue in Q1

Avis Budget Group Inc. has reported its first quarter 2014 revenue of $1.9 billion, a 10% increase compared to first quarter in 2013. This is primarily due to a 6% increase in rental days and the acquisitions of Payless and Zipcar.

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Hertz Grows Q4 Revenues Amid Higher Expenses

Hertz reported record fourth quarter 2013 worldwide revenues while net income shrunk on lower pricing and higher fleet expense.

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Payless, Zipcar Drive Avis Budget's Revenue Increase

Due to an increase in rental days and the addition of Zipcar and Payless, Avis Budget Group Inc. has reported its fourth quarter 2013 revenue of $1.8 billion, a 9% increase compared to the fourth quarter in 2012. For the year, Avis reported revenue of $7.9 billion, an increase of 8% compared with 2012.

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The Silver Lining of Car Rental Consolidation

While the world concentrates on whether rental rates will rise, rates don’t rule the world.

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