Autohellas SA announces that it will take part in the European Midcap Events in London on the 5th and 6th of December 2007.
Autohellas will be represented by Mr Eftichios Vassilakis Vice President and Managing Director of Autohellas and Mrs. Lisa Pelekanou Chief financial Officer.
The Company is quoted in the Athens Stock Exchange under Travel&Tourism sector Bloomber / Reuters : OTOEL GA / AUTr.AT.
Autohellas has been in the Rent-a-Car industry for over 35 years and is the exclusive Licensee of the Hertz Brand in Greece, Bulgaria and Cyprus, operating in both the rent-a-car sector and operating fleet management sector.
Autohellas has been leading the market in Greece for over 35 years and currently operates a fleet of over 28,000 vehicles through 110 locations. It is also operating in Bulgaria through its subsidiary, being the Hertz-brand franchisee and the SEAT cars exclusive importer. Recent expansion activities include operations in Cyprus (from 2005) while in 2007 a new subsidiary in Romania was established operating in the fleet management sector.
2006 end of year financial results reported 117m euro consolidated turnover with EBITDA of 69m euro and profit after tax and minority rights of 18m euro. Autohellas has recently released 2007 Q3 financial results reporting a 9% increase in turnover, while earnings after tax and minority rights have reached 14.7m euro an increase of 8% from 2006 Q3 results.
For press release and other company information please visit www.hertz.gr
Or contact:
Lisa Pelekanou
Chief Financial Officer
Tel: +30 210 6264032
lpelekanou@hertz.gr
Alexis Karamalis
Investor Relations Officer
Tel:+30 210 6264256
investor.relations@hertz.gr