Brief: GRENKE Expects New Leasing Business In Range Of EUR 2.1 Bln To EUR 2.3 Bln For FY 2022

Grenke AG

04/10/2022 15:57

Oct 4 (Reuters) - GRENKE AG  GLJn.DE :
    * RAISES FORECAST FOR NEW LEASING BUSINESS FOR THE 2022
FINANCIAL
YEAR
    * BOARD OF DIRECTORS IS RAISING ITS GUIDANCE AND IS NOW
EXPECTING
NEW LEASING BUSINESS IN RANGE OF EUR 2.1 BILLION TO EUR 2.3
BILLION FOR 2022 FINANCIAL YEAR
    * THIS COMPARES TO GUIDANCE PUBLISHED ON MARCH 17, 2022, IN
WHICH
BOARD OF DIRECTORS HAD ANTICIPATED A VOLUME OF NEW LEASING
BUSINESS IN RANGE OF EUR 2.0 TO EUR 2.2 BILLION
    * IN Q3 OF 2022, GRENKE GENERATED NEW LEASING BUSINESS OF
EUR
565.5 MILLION, UP 51.9% ON PREVIOUS YEAR (Q3 2021: EUR 372.2
MILLION)
    * IN FIRST NINE MONTHS OF FINANCIAL YEAR, GRENKE GENERATED
NEW
LEASING BUSINESS OF EUR 1.65 BILLION, CORRESPONDING TO AN
INCREASE OF 45.4%
    * GRENKE WILL PUBLISH FURTHER DETAILS ON NEW BUSINESS
DEVELOPMENT
IN Q3 OF 2022 ON OCTOBER 5, 2022, AS SCHEDULED

Source text for Eikon:  ID:nEQ56n6SKa 
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