Eurazeo has reported revenues from its private equity activities in Q1 2010 of EUR852.8 million, an increase of 4.1 per cent as reported, and 2.3 per cent on a comparable basis. Revenues for real estate increased 6.5 per cent in the same period to EUR8.8 million.
Eurazeo has reported revenues from its private equity activities in Q1 2010 of EUR852.8 million, an increase of 4.1 per cent as reported, and 2.3 per cent on a comparable basis. Revenues for real estate increased 6.5 per cent in the same period to EUR8.8 million.
Portfolio company APCOA had Q1 2020 revenues of EUR159.2 million euros, an increase of 7.0% compared to Q1 2009 and 3.6 % on a comparable basis. Despite a difficult start to the year due to poor weather which affected results beginning in the first weeks of January, encouraging signs of recovery were nonetheless visible in all of the company’s markets during Q1. The airport segment in particular benefited from a rebound in passenger traffic which, with the successful start of the Heathrow contract, contributed to strong Q1 2010 performance.
Revenues for B&B Hotels were EUR45.0 million, an increase of 18.5% compared to Q1 2009, marking a significant acceleration compared to the rate of growth in 2009 (+10.6%), including Q4 (+14.7%).
Consolidated revenues for Europcar for the Q1 2010 were EUR398.6 million, an increase of 3.5% as reported and 1.5% on a comparable basis. This increase compared to the same period last year is the first reported since Q2 2008 and reflects a significant new increase in revenue-per-day (RPD) of 2.4%, on a comparable basis, and a very slight decline in the number of rental days of 1.1%.
Revenues for ANF for the Q1 2010 were EUR16.9 million compared to EUR16.0 million for the Q1 2009, an increase of 7.6% on a comparable scope of property. Rents for historical assets in city centers increased 11.9% on a comparable scope of property. The 6.1% increase in B&B rents results from indexation as well as the acquisition of new hotels and investments by ANF in purchasing new buildings.