P528 Tjletext 528 Mar17 16:42:22
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PROFITS ACCELERATE AT AVIS
Avis Europj rolled out its last set of
results as a private company before
next month's stock market flotation.
Profits before tax and interest
!ccelerated 20.5% to £101.5m, up from
£83.7m for 1995 on turnover of £511.52m
The listing on London's stock market on
April 4 will see Avis return to the
stock market after an absence of eight
years and will value it at around £700m
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