Avis Europe rule out full-year dividend payment

Car rental firm Avis Europe dealt shareholders a fresh blow today after announcing it would not be making a full-year dividend payment.

Avis Europe rule out full-year dividend payment
Thu, 16 Dec, 2004 - 09:18

Car rental firm Avis Europe dealt shareholders a fresh blow today after announcing it would not be making a full-year dividend payment.

Shares plunged 24% as the group behind the Avis and Budget brands in Europe said it expected tough trading conditions to continue into 2005.

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