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Avis Budget Group, Inc. - SWOT AnalysisPublished by: Datamonitor Published: Feb. 13, 2009 - 27 Pages Table of Contents
AbstractDatamonitor's Avis Budget Group - SWOT Analysis company profile is the essential source for top-level company data and information. Avis Budget Group - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Avis Budget Group (Avis Budget) is engaged in the provision of car and truck rentals and ancillary services to businesses and consumers in the US and internationally. The company primarily operates in US. It is headquartered in Parsippany, New Jersey and employs about 30,000 people. The company recorded revenues of $5,986 million during the financial year ended December 2007 (FY2007), an increase of 5.2% over 2006. The increase in revenue was driven by strong performance of the car rental operations, which recorded a 5% increase in time and mileage revenue and a 13% increase in ancillary revenue. The operating profit of the company was $2,295 million during FY2007, an increase of 15.7% over 2006. The net loss was $916 million in 2007, as compared to net loss of $1,994 million in 2006. Scope of the Report
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