Earnings release
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Press release Paris , 6 May 2021 Trading update on Q1 2021 results • NET INCOME ( GROUP SHARE ) UP 20.7 % VS Q1 2020 ALD • VERY STRONG USED CAR SALES RESULT PER UNIT AT EUR 439 AND A RECORD VOLUME OF USED CAR SALES AT 87K UNITS • IMPROVING COST INCOME ( EXCL UCS ) RATIO AT 49.9 % • STRONG PERFORMANCE CONFIRMING 2021 OUTLOOK • TOTAL CONTRACTS¹ STABLE AT 1.76 MILLION • - ACQUISITION OF BANSABADELL RENTING ( SPAIN ) – c . 20K VEHICLES First quarter 2021 results highlights Leasing Contract and Services Margins at EUR 328.1m , up 1.5 % vs. Q1 2020 ✓ Used Car Sales Result at EUR 38.2 million ✓ Operating Expenses up 1.1 % vs. Q1 2020 ✓ Cost of Risk at EUR 8.7m , vs. EUR 17.8m in Q1 2020 ✓ Net Income ( Group share ) at EUR 155.5m 1 Total Contracts : Term replacing Total Fleet , defined as full service lease contracts , fleet management contracts , and new mobility solutions contracts