Brief: Grenke Q1 Leasing New Business Up 10.6% To EUR 740.6 Mln

Grenke AG

03/04/2025 06:03

April 3 (Reuters) - GRENKE AG GLJn.DE:

ACHIEVES VERY PROFITABLE NEW BUSINESS IN Q1 2025

CONTRIBUTION MARGIN 2 (CM2) INCREASES 15.6% TO EUR 130.3 MILLION(Q1 2024: EUR 112.7 MILLION)

Q1 LEASING NEW BUSINESS GROWS 10.6% TO EUR 740.6 MILLION (Q1 2024: EUR 669.8 MILLION)

AGREEMENT WITH BUYER FOR GRADUAL TAKEOVER OF FACTORING BUSINESS

CM2 MARGIN EXPANDS SIGNIFICANTLY TO 17.6% (Q1 2024: 16.8%)

Q1 CM2 MARGIN EXPANDS SIGNIFICANTLY TO 17.6% (Q1 2024: 16.8%)

Source text: ID:nEQ2p4N3fa

Further company coverage: [GLJn.DE]

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