Brief: GRENKE: Q2 Net Profit Up At EUR 20.9 Mln

Grenke AG

11/08/2022 06:15

Aug 11 (Reuters) - GRENKE AG  GLJn.DE :
    * INCREASES CONSOLIDATED GROUP NET PROFIT AGAIN IN THE
SECOND
QUARTER OF 2022
    * GUIDANCE FOR 2022 FINANCIAL YEAR AND 2024 OUTLOOK
REAFFIRMED
    * Q2 NET PROFIT INCREASES YEAR-ON-YEAR BY 14.6 PERCENT TO
EUR 20.9
MILLION IN Q2 OF 2022
    * Q2 LOSS RATE FALLS TO 1.3 PERCENT
    * Q2 NUMBER OF CURRENT LEASE CONTRACTS REACHES MORE THAN 1
MILLION
FOR FIRST TIME
    * Q2 CONSOLIDATED GROUP NET PROFIT INCREASED TO EUR 20.9
MILLION,
CORRESPONDING TO A YEAR-ON-YEAR INCREASE OF 14.6 PERCENT (Q2
2021: EUR 18.3 MILLION)
    * CONFIRMS GUIDANCE FROM MARCH 17, 2022 AND CONTINUES TO
EXPECT
LEASING NEW BUSINESS IN RANGE OF EUR 2.0 BILLION AND EUR 2.2
BILLION IN 2022 FINANCIAL YEAR

Source text for Eikon:  ID:nEQ9w8p7Ka 
Further company coverage:  GLJn.DE 

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