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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)
More information
GRENKE: Publication of audited consolidated financial statements on May 21, 2021 – preliminary figures on April 30, 2021
Baden-Baden, Germany, April 26, 2021: GRENKE AG announces that the auditing firm KPMG envisages the audit opinion for the 2020 consolidated financial statements for May 17, 2021. KPMG has communica...
More information
News
Press
Notes on COVID-19
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)
More information
GRENKE: Publication of audited consolidated financial statements on May 21, 2021 – preliminary figures on April 30, 2021
Baden-Baden, Germany, April 26, 2021: GRENKE AG announces that the auditing firm KPMG envisages the audit opinion for the 2020 consolidated financial statements for May 17, 2021. KPMG has communica...
More information
Investor Relations / News

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30

Apr 2021

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)

26

Apr 2021

GRENKE: Publication of audited consolidated financial statements on May 21, 2021 – preliminary figures on April 30, 2021

Baden-Baden, Germany, April 26, 2021: GRENKE AG announces that the auditing firm KPMG envisages the audit opinion for the 2020 consolidated financial statements for May 17, 2021. KPMG has communica...

07

Apr 2021

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%)

26

Feb 2021

GRENKE informs about exonerating statements and points of criticism of BaFin’s special auditor

  • Mazars' interim report commissioned by BaFin reveals no doubt as to the existence of the lease receivables; allegation of money laundering not confirmed
  • Points of criticism of Mazars concern specifically the accounting treatment of the franchise companies, lack of disclosure of related parties, as well as deficiencies in money laundering prevention and parts of the customer lending business at GRENKE Bank

26

Feb 2021

GRENKE informs about exonerating statements and points of criticism of BaFin’s special auditor

  • Mazars' interim report commissioned by BaFin reveals no doubt as to the existence of the lease receivables; allegation of money laundering not confirmed
  • Points of criticism of Mazars concern specifically the accounting treatment of the franchise companies, lack of disclosure of related parties, as well as deficiencies in money laundering prevention and parts of the customer lending business at GRENKE Bank

09

Feb 2021

Letter from the Chairman of the Supervisory Board to Investors

Dear GRENKE investors, We have heard your call for more transparency regarding the resignation of our Board of Directors member, Mark Kindermann, loud and clear and would like to respond to it in d...

08

Feb 2021

Mark Kindermann resigns from the Board of Directors of GRENKE AG

Baden-Baden, February 8, 2021: The Supervisory Board of GRENKE AG has today complied with Mr. Kindermann's request to terminate his contract prematurely and resign from his Board of Directors manda...

05

Jan 2021

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, equal to 56.3% of the level in Q4 2019

23

Dec 2020

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...

16

Dec 2020

GRENKE reports on the expert opinion issued by Warth & Klein Grant Thornton and provides an update on the current status of knowledge of GRENKE AG from the special audit by KPMG

Baden-Baden, December 16, 2020: GRENKE AG reports on the expert opinion of the auditing firm Warth & Klein Grant Thornton (WKGT) and takes this opportunity to provide information on its current sta...
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