Grenke tracks best day in almost a year, analyst points to better Q2 loss rate

Grenke AG

14/08/2025 08:41

** Shares in Grenke GLJn.DE jump around 10%, set for best day in almost one year, as the German leasing company delivered a lower-than-feared Q2 loss rate along its final H1 figures

** Grenke posted its Q2 loss rate of 1.7%, down from 1.9% in the previous quarter

** "Better loss rate could help shares after some expect very weak outing in that ration," a local trader says

** The German company confirmed its full-year guidance for 2025, expecting group earnings of 71 million euros to 81 million euros  ($82.94-$94.62 million)

** Grenke's shares gained 22.7% YTD including today's session

** The stock is on track for best day since July 2024 and among the best performers of Germany's small-cap index .SDAXI

($1 = 0.8560 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))