Loxam returns to pre-Covid levels in France
By Murray Pollok10 June 2021
Loxam’s French business recovered well in the first quarter of 2021, with a 13.1% increase in sales year-on-year, although the company reported falls in the 7 to 8% range for its businesses in Scandinavia, the UK and the Middle East.
Total sales in the quarter were €496.9 million, an increase of 0.6%. EBITDA profits were up 11.1% to €166.7 million, improving by 30% in France.