14.09.2010 08:45:00 CET
PRESS RELEASE
Paris, 14 September 2010
TOUAX at the Paris Midcap Event, Palais Brongniart 20-21 September 2010
TOUAX will be taking part in the Paris Midcap Event on 20 and 21 September 2010.
TOUAX Managing Partners, Fabrice and Raphaël Walewski, will meet institutional investors and will present the group's latest news, its strategy and its growth prospects. Don't miss this chance to meet them. To book a meeting, please do not hesitate to contact Benjamin Audebert at: b.audebert@cfbcom.fr
About the TOUAX Group The TOUAX Group provides operating leases to customers around the world, both on its own account and for third-party investors. TOUAX is Europe's no.1 in shipping containers and river barges, and no.2 in modular buildings and freight railcars (intermodal railcars). The Group caters to the boom in corporate outsourcing of non-core assets, and every day provides over 5,000 customers with quick and flexible leasing solutions.
TOUAX is well placed to profit from the worldwide economic recovery, as operating leases prove an attractive funding and operational alternative (outsourcing costs, flexible contracts and rapid availability).
First half of 2010: key figures and significant events
- Net profit (Group's share) of €6.3 million on June 30, 2010
- Increase of 3% in EBITDA after distribution to investors, due to the compensated effects of the increase both in leasing rates and assets
- 3.4% rise in leasing turnover, the Group's core business: The recent rise in the utilization rate and in some leasing rates point to improved profitability and a return to growth, which should accelerate in 2011
TOUAX is listed on Euronext in Paris - NYSE Euronext Compartment C (ISIN Code FR0000033003), and features in the SBF 250 Index.
For further details please contact: TOUAX Fabrice & Raphaël Walewski Managing Partners touax@touax.com www.touax.com Tel : +33 (0)1 46 96 18 00
ACTIFIN Jean-Yves Barbara jybarbara@actifin.fr Tel: +33 (0)1 55 88 11 11