Roland D’Ieteren to retire as Chairman of the Board of Directors at the Ordinary General Meeting of 1 June 2017. The Board of Directors has named Nicolas D’Ieteren as his successor

After almost half a century of loyal service to the company, including 30 years as Managing Director and 42 as Chairman of the Board, Roland D’Ieteren, who will reach the 75-year age limit this coming January, has decided to retire with effect from the Ordinary General Meeting of 1 June 2017, in accordance with the group’s rules of governance.

A meeting of D’Ieteren’s Board today appointed Nicolas D’Ieteren to succeed Roland D’Ieteren as Chairman of the Board with effect from 1 June 2017. 

 

Group profile

In existence since 1805, and across family generations, D’Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The group has currently three activities articulated around strong brands:

  • D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of more than 22% and 1.2 million vehicles on the road at the end of 2015. Sales and operating result reached respectively EUR 2.9 billion and EUR 60.4 million in 2015.
  • Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. Some 2,400 branches and 10,000 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass®, serve customers in 33 countries. Sales and operating result reached respectively EUR 3.2 billion and EUR 174.4 million in 2015.
  • Moleskine (>95% stake) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across 114 countries. Sales and operating result reached respectively EUR 128 million and EUR 35 million in 2015.

 

Financial Calendar

Last five press releases

(with the exception of press releases linked to
the repurchase or sale of own shares)

Next events

 

 

 

 

13 December 2016

D’Ieteren holds more than 95% of the shares in Moleskine

6 March 2017

2016 Full-Year Results

2 December 2016

Provisional results of the MTO on Moleskine shares

1 June 2017

General Meeting & Trading Update

10 November 2016

Launch of the mandatory tender offer on Moleskine shares

31 August 2017

2017 Half-Year Results

6 October 2016

Closing of the agreement to acquire a 41% stake in Moleskine

 

 

22 September 2016

Agreement to acquire a 41% stake in Moleskine

 

 

 

Contacts

Axel Miller, Chief Executive Officer

Arnaud Laviolette, Chief Financial Officer

Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39

E-mail: financial.communication@dieteren.be – Website: www.dieteren.com