Brief: Ayvens Targets ROTE Between 14% And 16% In 2029
BRIEF-Ayvens Targets ROTE Between 14% And 16% In 2029 Sept 21 (Reuters) - Ayvens SA AYV.PA:
AYVENS 2029 STRATEGIC PLAN: AIM FOR EXCELLENCE. EXECUTE BETTER, EVERY DAY.
AYVENS EXPECTS EARNING ASSETS GROWTH OF C. 10% BETWEEN DEC 2026 AND DEC 2029
RETURN ON TANGIBLE EQUITY (ROTE) BETWEEN 14% AND 16% IN 2029
CONTRIBUTION OF USED CAR SALES RESULT TO GROSS OPERATING INCOME IS EXPECTED TO BE LOW
AYVENS TARGETS DIVIDEND PAYOUT RATIO BETWEEN 50%-60% PLUS RETURN OF EXCESS CAPITAL IN 2029
AYVENS TARGETS CET 1 RATIO AT C. 12.5% IN 2029
AYVENS PROJECTS FUNDED FLEET GROWTH OF AT LEAST 3% BETWEEN 2026 AND 2029
AYVENS EXPECTS COST-TO-INCOME RATIO TO IMPROVE TO C. 49% IN 2029
AYVENS TARGETS RETAIL SEGMENT GROWTH OF 15% TO 900K+ VEHICLES BY 2029
AYVENS TARGETS LCV SEGMENT GROWTH OF 10% TO 580K+ VEHICLES BY 2029
AYVENS TO ROLL OUT EV CHARGING SOLUTION ACROSS 15 COUNTRIES BY 2029
AYVENS ESTIMATES 30% EFFICIENCY GAINS FOR 8 CORE PROCESSES
Source text: ID:nNDL4s5gFt
Further company coverage: AYV.PA
(Gdansk Newsroom)
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