Vehicle leasing firm Allane H1 profit more than doubles on captive leasing growth
Vehicle leasing firm Allane H1 profit more than doubles on captive leasing growth
Overview
Germany vehicle leasing firm's H1 operating revenue rose 19% yr/yr
Pretax profit for H1 more than doubled from a year earlier
Company attributes growth to expanding contract portfolio, especially in Captive Leasing
Outlook
Allane expects 2026 contract portfolio between 170,000 and 185,000 contracts
Company sees 2026 operating revenue between EUR 670 mln and EUR 720 mln
Allane expects 2026 EBT between EUR 25 mln and EUR 35 mln
Result Drivers
CAPTIVE LEASING GROWTH - Co said increase in Captive Leasing contracts made a significant contribution to H1 results
LEASING REVENUE - Co attributed operating revenue increase to growth in leasing revenue and usage-based service revenue
VEHICLE SALES - Sales revenue from returned vehicles and fleet management marketing rose 33.2% yr/yr
Company press release: ID:nEQ15qrX7a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Operating Revenue |
| EUR 324.30 mln |
|
H1 EBITDA |
| EUR 226.90 mln |
|
H1 Pretax Profit |
| EUR 13.40 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)