Brief: Grenke Meets EUR 3 Bln Target For Leasing New Business In FY 2024

Grenke AG

08/01/2025 06:09

Jan 8 (Reuters) - GRENKE AG  GLJn.DE :
    * GRENKE ACHIEVES TARGET WITH MORE THAN EUR 3 BILLION IN
LEA-SING
NEW BUSINESS FOR 2024
    * LEASING NEW BUSINESS INCREASES 18.4% IN 2024 COMPARED TO
PRIOR
YEAR TO ALMOST
    * CONTRIBUTION MARGIN 2 (CM2) GROWS 21.6% TO EUR 518.5
MILLION
(2023: EUR 426.3 MILLION)
    * FY CM2 MARGIN RISES  TO 17.0% (2023: 16.5%), SLIGHTLY
EXCEEDING
TARGET
    * LEASING NEW BUSINESS INCREASES 18.4% IN 2024 COMPARED TO
PRIOR
YEAR TO ALMOST EUR 3.1 BILLION (2023: EUR 2.6 BILLION)
    * FY DEPOSIT BUSINESS AMOUNTED TO EUR 2,230.6 MILLION, A
YEAR-ON-YEAR INCREASE OF 37.7%
    * Q4 INCREASED ITS LEASING NEW BUSINESS BY 17.6%
YEAR-OVER-YEAR TO
EUR 858.4 MILLION (Q4 2023: EUR 729.7 MILLION)
    * Q4 CM2 MARGIN OF 17.4% (Q4 2023: 16.1%)

Source text:  ID:nEQ3CkHvqa 
Further company coverage:  GLJn.DE 

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