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DE000A161N30
Fri, 30.04.2021
GRENKE AG
GRENKE reports preliminary results for 2020: Solid numbers despite pandemic with net profit of EUR 79.9 million
Net profit meets most recently published forecast for an amount "in the upper double-digit million range"
Earnings per share fall as expected by 43.4 percent to EUR 1.67 (20191: EUR 2.95)
Equity ratio remains stable at 16.3 percent (20 [ … ]
Wed, 07.04.2021
GRENKE AG
GRENKE substantially increases contribution margin 2 in Q1 2021 and achieves 53.7% of new leasing business generated in strong prior-year quarter
- New leasing business in Q1 2021 reaches EUR 365.8 million (Q1 2020: EUR 681.3 million)
- Contribution margin 2 increases in Q1 2021 to 19.5% (Q1 2020: 18.2%)
- Focus on small ticket contracts leads t [ … ]
Tue, 05.01.2021
GRENKE AG
GRENKE generates new leasing business in the 2020 financial year equal to 71.2% of the previous year's level
- GRENKE Group Leasing's new business in the 2020 financial year amounts to EUR 2,027.9 million, equal to 71.2% of the level in the 2019 financial year
- GRENKE Group Leasing's new leasing business in Q4 2020 reaches EUR 426.7 million, eq [ … ]
Wed, 23.12.2020
GRENKE AG
GRENKE AG strengthens Board of Directors with a Chief Risk Officer (CRO)
Baden-Baden, December 23, 2020: GRENKE AG, global financing partner for small and medium-sized enterprises, is strengthening its Board of Directors by adding the position of Chief Risk Officer (CRO). To this end, the Supervisory Board of GRENKE AG has appointed Isabel Rösler [ … ]
Fri, 11.12.2020
GRENKE AG
S&P affirms GRENKE AG ratings BBB+/A-2 and removes from CreditWatch negative
Baden-Baden, December 11, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, reports on Standard & Poor's yesterday's rating action. S&P Global Ratings affirmed its 'BBB+/A-2' long- and short-term issuer credit ratings and all [ … ]
Thu, 29.10.2020
GRENKE AG
GRENKE AG reinforces Board of Directors and integrates franchise system
Franchise companies to be integrated into the Consolidated Group in the upcoming 12 to 18 months
Board of Directors to be expanded to include a Chief Risk Officer (CRO) responsible for the areas of risk control, legal and compliance
Reallocation of Board of Directors' respon [ … ]
Thu, 29.10.2020
GRENKE AG
Q3 2020: GRENKE increases net interest income year-on-year despite the corona pandemic
Net interest income increases 2.5% to EUR 96.0 million (Q3 2019: EUR 93.6 million)
Settlement of claims and risk provision amounts to EUR 48.8 million (Q3 2019: EUR 32.2 million) as a result of the corona pandemic and IFRS 9 provisions
Net profit equals EUR 17 [ … ]
Tue, 20.10.2020
GRENKE AG
GRENKE provides an update on the status of Company-commissioned audits
Franchise acquisitions audited so far can be deemed as positive
Spot checks and proof of incoming lessee payments are used to validate lease contract portfolio
No business model or business organisation anomalies found to date
Baden-Baden, October 20, 2020: GRENKE AG, a glo [ … ]
Mon, 05.10.2020
GRENKE AG
Current status: Proof of GRENKE Consolidated Group cash and cash equivalents
Baden-Baden, October 5, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, announced today that the auditing company KPMG AG has submitted the status on the cash and cash equivalents. For all bank balances of the GRENKE Consolidated Group, [ … ]
Fri, 02.10.2020
GRENKE AG
GRENKE strengthens new leasing business in Q3 2020 with stronger focus on profitability
- New business at GRENKE Group Leasing totals EUR 517.6 million (-24.6% compared to Q3 2019), and at 75% of the previous year's level, new business slightly exceeds the Company's own forecast
- Contribution margin 2 increases to 18.4% compared to 17.1% in Q3 2 [ … ]