D'Ieteren names Eric Machiels CEO and D'Ieteren stock holds flat

Published on 10/12/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted profit before tax rose 8.40 percent to EUR 482.00 million in H1 2026. D'Ieteren stock is EUR 169.20 on October 12, 2026, versus EUR 169.20.

Key points in brief

D'Ieteren appointed Eric Machiels as chief executive officer effective December 2026.
Adjusted profit before tax group share rose 8.40 percent at constant exchange rates to EUR 482.00 million in the first half of 2026.
D'Ieteren Automotive sales fell 10.80 percent and its adjusted operating margin declined to 2.10 percent in the first half.
D'Ieteren stock was EUR 169.20 at Lang & Schwarz on October 12, 2026, unchanged versus the Xetra close of October 9, 2026.

Trading-Floor mit BEL 20 Kurschart und Brüssel-Skyline, D'Ieteren Group BE0974259880 — D'Ieteren Group BE0974259880 illustriert Börsen-Editorial mit BEL 20 Kurscharts und Brüssel-Skyline im Handelsraum-Hintergrund, Illustration mit AI erstellt.

D'Ieteren (ISIN BE0974259880) was trading at EUR 169.20 at Lang & Schwarz on October 12, 2026, at 9:29 a.m. CEST, unchanged versus the Xetra close of October 9, 2026 at EUR 169.20. The investment holding company appointed Eric Machiels as chief executive officer effective December 2026, according to Simply Wall St on September 10, 2026. The leadership change arrives alongside strong Belron growth and a sharp deterioration in the automotive division.

Chronology shows a mixed portfolio

On September 9, 2026, D'Ieteren announced that minority shareholders in Belron, in which it holds 50.30 percent of fully diluted economic rights, were evaluating strategic options including a potential listing. D'Ieteren Group said no decision had been made on a specific option or its timing.

Also on September 9, 2026, adjusted profit before tax group share increased 8.40 percent at constant exchange rates to EUR 482.00 million in the first half of 2026, from EUR 452.00 million in the first half of 2025, according to Yahoo Finance. On September 10, 2026, the group named Eric Machiels as chief executive officer from December 2026, replacing Francis Deprez, according to Simply Wall St.

What does the auto weakness mean?

The first-half figures show why the portfolio mix matters. Belron's adjusted profit before tax group share rose 32.50 percent at constant exchange rates to EUR 306.00 million, while D'Ieteren Automotive sales fell 10.80 percent year over year and its adjusted operating margin dropped to 2.10 percent from 4.50 percent in the first half of 2025, according to Yahoo Finance.

Management confirmed low to mid-single-digit growth in adjusted profit before tax group share for full-year 2026 at constant exchange rates. The same earnings call described a transformation plan in the automotive business that could affect 344 jobs, while Belron generated EUR 485.00 million of free cash flow in the first half of 2026. The contrast leaves Belron as the principal earnings stabilizer while the auto turnaround remains the key operating pressure point.

Upcoming dates carry the next test

Investing.com lists November 4, 2026 as the next results date. The company's published calendar gives March 10, 2027 for full-year 2026 results and May 27, 2027 for the annual general meeting, according to D'Ieteren Group. Those dates frame the next updates on Belron's strategic options, the CEO transition and the automotive restructuring.

Stock holds at the Xetra close

D'Ieteren stock was trading at EUR 169.20 at Lang & Schwarz on October 12, 2026, at 9:29 a.m. CEST, unchanged versus the Xetra close of October 9, 2026 at EUR 169.20. The stock's 52-week range was EUR 143.60 to EUR 199.90, while market capitalization stood at EUR 8.9 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of D'Ieteren stock.