Brief: Grenke AG - Q1 Net Income at EUR 10.2 Mln, Confirms 2025 Outlook
29/04/2025 10:04
April 29 (Reuters) - Grenke GLJn.DE: Q1 NET INCOME EUR 10.2 MILLION Q1 OPERATING RESULT BEFORE SETTLEMENT OF CLAIMS AND RISK PROVISION ROSE 20% FROM EUR 55.7 MILLION TO EUR 67.0 MILLION FORECAST FOR 2025 FINANCIAL YEAR REMAINS UNCHANGED Q1 EXPENSES FOR SETTLEMENT OF CLAIMS AND RISK PROVISION INCREASED SHARPLY TO EUR 47.6 MILLION (Q1 2024: EUR 26.7 MILLION) COST-INCOME RATIO IMPROVED TO 56.8% IN Q1 2025 Source text: ID:nEQb9DFqWa Further company coverage: [GLJn.DE] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))