LONDON, June 25 (Reuters) - Europe's biggest car rental firm Avis Europe Plc edged up its full-year revenue forecasts on Wednesday, saying it had seen a recovery in business since the Iraq war, but added it would cut its first-half dividend. The firm said it now expected full-year revenues to fall four to seven percent compared with its previous assumption of a five to 10 percent decline. It expected to pay an interim dividend of 1.3 pence per share, compared with two pence last year.
Premium Content (PAID Subscription Required)
"UK car rental firm Avis to cut H1 dividend" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.