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Avis Europe plc Year End Close Season Trading Update.


BRACKNELL Bracknell (brăk`nəl), city (1991 pop. 52,257), Bracknell Forest, S England. Bracknell was designated one of the new towns in 1949, in order to alleviate overpopulation in London. , Berkshire--(BUSINESS WIRE)--Dec. 15, 1999--

Avis Avis: see Aviz, Portugal.  Europe Europe (yr`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000).  plc, the leading car rental company in Europe, Africa, the Middle East and Asia, today issued their year end close season trading update:

Following the announcement of the Group's interim results in September, trading remains in line with expectations. As predicted, we have seen stronger volume growth in the second half of the year and price increases at a somewhat lower level. Despite the decline in the Euro/Sterling exchange rate, we view the outcome for the year with confidence.

The preliminary year end results will be announced on Thursday, February 24, 2000.

Avis Europe plc rents cars under the Avis brand name to customers in 112 countries. Avis Europe's ordinary shares trade on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
. Prices may be accessed on Bloomberg Bloomberg

A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports.
 under the symbol AVE LN and Reuter Equities 3000 Service under AVE.L. Additional information is available on Avis Europe's internet site: www.avis-europe.com.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Dec 16, 1999
Words:158
Previous Article:Cameron Ashley Reports Record Fiscal 1999 Fourth Quarter and Year End Results.
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