March 12 (Reuters) - GRENKE AG GLJn.DE:
FY NET INTEREST INCOME EUR 405.1 MILLION
LONG-TERM TARGET: RETURN ON EQUITY OF 10% BY 2030
DIVIDEND INCREASE OF 5% TO EUR 0.42 PER SHARE (2025: EUR 0.40) IS PROPOSED
FY 2025 GROUP EARNINGS REACH EUR 71.8 MILLION, MEETING GUIDANCE
DIVIDEND INCREASE OF 5% TO EUR 0.42 PER SHARE
OUTLOOK 2026: EXPECTS GROUP EARNINGS IN RANGE OF EUR 74 MILLION TO EUR 86 MILLION
OUTLOOK 2026: LEASING NEW BUSINESS VOLUME OF EUR 3.4 BILLION TO EUR 3.6 BILLION
14.7 PERCENT INCREASE IN INCOME FROM OPERATING BUSINESS TO EUR 660.8 MILLION (2024: EUR 576.1 MILLION)
OUTLOOK 2026: EXPECTATIONS FOR GROUP EARNINGS AND LEASING NEW BUSINESS ARE BASED ON A CM2 MARGIN OF AT LEAST 16.5 PERCENT, A LOSS RATE OF BETWEEN 1.6 PERCENT AND 1.7 AND A CIR OF AROUND 55 PERCENT
TARGET IS TO ACHIEVE AN ROE AFTER TAX OF 10 PERCENT BY 2030
FINANCIAL LIABILITIES OF EUR 7.3 BILLION IN 2025 FINANCIAL YEAR (DECEMBER 31, 2024: EUR 6.5 BILLION)
Source text: ID:nEQ7PzHMFa
Further company coverage: [GLJn.DE]
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