News and announce­ments

What’s new at GRENKE? We’ll keep you up to date. You can find all new developments, press releases, financial news and announcements here.

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18

Sep 2020

Detailed response: GRENKE AG rebuts accusations by Viceroy Research

Baden-Baden, September 18, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, continues to vigorously reject the allegations raised by Viceroy Research following th...

17

Sep 2020

Wolfgang Grenke comments on the franchise system of GRENKE AG

Wolfgang Grenke, founder and Deputy Chair of the Supervisory Board of GRENKE AG, comments as announced on the complex of topics of the franchise system, which is one of the accusations made by Vice...

17

Sep 2020

GRENKE announces statements on short seller attacks

Baden-Baden, September 17, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, has convened a task force to deal with the detailed rebuttal of the accusations made a...

15

Sep 2020

GRENKE rejects Viceroy's accusations as unfounded

Baden-Baden, September 15, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, is the subject of a report published today by Viceroy Research, a platform founded by ...

06

Aug 2020

Virtual Ordinary Annual General Meeting of GRENKE AG approves scrip dividend

  • 86.77% of the share capital represented
  • All agenda items approved by a large majority

30

Jul 2020

Q2 2020: GRENKE sees signs of business recovery in Q2 2020

  • Net interest income increases by 8.8% to EUR 98.0 million (Q2 2019: EUR 90.1 million)
  • Settlement of claims and risk provision according to IFRS 9 of EUR 62.2 million (Q1 2020: EUR 50.8 million) as a result of the COVID-19 pandemic

02

Jul 2020

GRENKE maintains its position in Q2 2020 and sees the first pickup in new leasing business

  • New business at GRENKE Group Leasing amounts to EUR 402.3 million (-45.2% compared to Q2 2019)
  • Subdued development in April and May with first signs of recovery emerging in June

05

May 2020

GRENKE to hold virtual Annual General Meeting and intends to offer a scrip dividend

  • Annual General Meeting now scheduled for August 6, 2020
  • New dividend proposal of EUR 0.80 per share (previously EUR 0.88) 

05

May 2020

Q1 2020: GRENKE remains active and profitable amid the COVID-19 pandemic

  • Net interest income increases 15.9% to EUR 101.1 million
  • Additional risk provisions of EUR 16 million under IFRS 9 lead to settlement of claims and risk provision of EUR 50.8 million (+79.4%)

02

Apr 2020

GRENKE postpones Annual General Meeting due to COVID 19 pandemic

In light of the continued spread of the coronavirus, the ordinary Annual General Meeting of GRENKE AG will not take place on May 19, 2020 as planned. The postponement of the Annual General Meeting ...
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