D'Ieteren

D’Ieteren shares climbed 4.7% after the group reported an adjusted pre-tax result of €482.4m (+8.4% at constant exchange rates) and reiterated guidance for low- to mid-single-digit percentage profit growth. The driver was Belron, which reported revenue growth, an adjusted operating margin of 23% (+160 basis points) and strong free cash flow; Parts Holding Europe and TVH also contributed positively. By contrast, D’Ieteren Automotive fell 66.6% due to weakness in the Belgian new-car market, a market-share loss of 153 basis points and a goodwill impairment of €47.2m. The company announced a CEO change (Eric Machiels will succeed Francis Deprez in December) and said it is reviewing strategic options for minority stakes in Belron. » More on de.investing.com

D’Ieteren Group reports an 8.4% currency-adjusted increase in adjusted pre-tax profit to EUR 482m in the first half of 2026. The rise was driven by strong results at Belron and growth at PHE and TVH, while D’Ieteren Automotive significantly underperformed and launched a transformation plan with up to 344 job cuts. The company confirmed its 2026 outlook (low- to mid-single-digit percentage growth in adjusted pre-tax profit) and remains committed to further acquisitions for PHE as well as model launches to support car sales. » More on de.investing.com

D’Ieteren reports underlying operative growth of 3.8% for 2025 despite a 10.3% decline in adjusted pre-tax profit to €955.6 million, mainly weighed down by currency headwinds and additional financing costs of around €184 million. The group generated free cash flow of €374 million, proposes a dividend of €2.00 per share and reinstated a €100 million buyback programme. By segment, Belron remained the largest earnings contributor, PHE showed marked profit growth, TVH and Moleskine showed weaknesses, and D’Ieteren Automotive benefited from a leading position in electric vehicles in Belgium. For 2026 D’Ieteren expects further adjusted pre-tax profit growth in the low- to mid-single-digit percentage range, citing continued service expansion and targeted investment priorities. » More on de.investing.com