30th April 2010

Dollar Thrifty announces high first quarter profit return

posted in Car Rental |
The Dollar Thrifty Automotive Group Inc has announced a quarterly profit that has been hugely beyond estimates. The excellent profits, coupled with the recent takeover announcement of the company by Hertz, has combined to lead Dollar Thrifty to reaffirm its positive outlook for the remainder of the year, a factor further strengthened by lower fleet costs and increasing demand. Shares in Dollar Thrifty, which only this week agreed to the Hertz acquisition, hit a two-year high, reaching $43.60 per share – an increase of three per cent from the previous quarter. The result has led the group to forecast continued growth in the [...]
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