October 25, 2016 4:26 AM ET

Commercial Services and Supplies

Company Overview of Belron S.A.

Company Overview

Belron S.A. provides vehicle glass repair and replacement services. The company specializes in the replacement of irreparably damaged glass and the repair of chipped windscreens. It also offers franchise opportunities. The company serves motorists and corporate customers, including major insurance and fleet companies. Belron S.A. was formerly known as Solaglas. The company was founded in 1897 and is based in Luxembourg. It has operations worldwide. Belron S.A. operates as a subsidiary of S.A. D'Ieteren N.V.

9B Boulevard Prince Henri

Luxembourg,  1724


Founded in 1897


352 27 47 88 60

Key Executives for Belron S.A.

Chief Executive Officer
Chief Executive Officer of Safelite® Group and President of Safelite® Group
Age: 64
Regional General Manager
Regional General Manager of Canada, France, Germany, The Netherlands, Italy, Belgium/Luxemburg, Australia & New Zealand
Group Support Services Director
Compensation as of Fiscal Year 2016.

Belron S.A. Key Developments

Belron S.A. Reports Earnings Results for the Full Year Ended December 2015; Provides Sales Guidance for the Full Year of 2016

Belron S.A. reported earnings results for the full year ended December 2015. For the period, the company reported sales of EUR 3,161.2 million compared to EUR 2,792.6 million a year ago. Operating profit of EUR 182.0 million compared to EUR 12.8 million in 2014. Profit before tax of EUR 145.1 million compared to loss before tax of EUR 12.3 million in 2014. For the full year 2016, moderate organic sales growth is expected from share gains which are expected to offset some adverse underlying market trends.

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Private Placement
September 1, 2016
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