sur GRENKE AG (ETR:DE000A16)
GRENKE AG Reports Significant Earnings Growth in Early 2026
GRENKE AG, a leader in small-ticket leasing, showcased a robust financial performance for the first nine months of 2026. The company's Group earnings surged by 14.6% to EUR 55.7 million, compared to EUR 48.6 million in the same period of 2025. The return on equity rose to 5.2%, up from 4.7% the previous year.
Operating income increased by 9.4% to EUR 533.0 million, driven by stable operating costs. New leasing business also expanded to EUR 2,443.8 million, a 1.7% rise. Though the cost-income ratio improved to 50.6%, the loss rate remained slightly elevated at 1.9%.
The Group's strategic focus remains on enhancing profitability. Earnings projections for 2026 remain between EUR 74 million and EUR 86 million, with expectations for leasing new business around EUR 3.4 billion.
R. E.
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