D'Ieteren SA (DIE.BR)
- Reuters
Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America
(Reuters) -Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its auto glass repair business in North America due to milder weather. The group, which distributes Volkswagen, Audi, SEAT, Škoda cars in Belgium, reported combined sales of 3.83 billion euros over the same period a year earlier. Still, sales in Berlon, the company's auto glass repair unit and its biggest division, increased by 5.7% organically, as strong demand in Europe and other regions mitigated flat results in North America.
- Simply Wall St.
Exploring D'Ieteren Group And Two More Top Growth Companies With Major Insider Ownership
As global markets exhibit a mixed performance with the Dow Jones facing its steepest weekly drop since early April and the Nasdaq hitting new highs, investors are navigating through a landscape marked by varied economic signals and policy adjustments. In such an environment, growth companies with substantial insider ownership can offer unique advantages, as insiders' significant equity stakes often align their interests closely with those of shareholders, potentially driving greater...
