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GRENKE’s business continues to perform well in the third quarter of 2019
  • Nine-month net profit increases by 5.2% to EUR 103.0 million (9M-2018: EUR 98.0 million)
  • Loss rate is stable compared to the second quarter of 2019 and in line with expectations
More information
Growth continues in the third quarter of 2019 accompanied by higher profitability
  • New business at GRENKE Group Leasing increases 21.7% in the first nine months resulting in a slight increase in the full-year forecast to 18% - 21% (prior forecast: 16% - 19%)
  • Contribution margin 2 in the third quarter equals 17.1% after a level of 16.6% in the second quarter
More information
Investor Relations / News

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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30

Oct 2019

GRENKE’s business continues to perform well in the third quarter of 2019

  • Nine-month net profit increases by 5.2% to EUR 103.0 million (9M-2018: EUR 98.0 million)
  • Loss rate is stable compared to the second quarter of 2019 and in line with expectations

02

Oct 2019

Growth continues in the third quarter of 2019 accompanied by higher profitability

  • New business at GRENKE Group Leasing increases 21.7% in the first nine months resulting in a slight increase in the full-year forecast to 18% - 21% (prior forecast: 16% - 19%)
  • Contribution margin 2 in the third quarter equals 17.1% after a level of 16.6% in the second quarter

20

Aug 2019

GRENKE AG: Resignation of Supervisory Board member Heinz Panter

Baden-Baden, August 20, 2019: Heinz Panter, member of the Supervisory Board of GRENKE AG, today informed the Company that he is resigning as Supervisory Board member with immediate effect and leavi...

30

Jul 2019

GRENKE continues its profitable growth course in a challenging environment and increases net profit in the first half-year by 7%; full-year forecast adjusted to growth of 5 to 13%

  • Half-year net profit increases by 7.2% to EUR 68.3 million (6M-2018: EUR 63.8 million)
  • Higher risk provisions required than initially forecast at the start of the year

29

Jul 2019

GRENKE AG adjusts forecast for 2019 Consolidated Group net profit and reaffirms new business forecast

  • Adjustment in forecast for Consolidated Group net profit: following net profit of EUR 131 million in the previous year, net profit in the current year forecasted to rise to EUR 138 to 148 million (previous forecast: EUR 147 to 156 million)
  • Target for new business growth at GRENKE Group Leasing narrowed to 16 to 19 percent (previous forecast: 14 to 19 percent)

02

Jul 2019

Solid new business growth recorded in the second quarter of 2019

  • Increase of 22.7% in new business at the GRENKE Group in the first half of 2019
  • Full-year forecast for growth of Leasing new business confirmed at a range of 14% – 19%

14

May 2019

Annual General Meeting of GRENKE AG increases dividend by 14%

  • 78.16% of share capital represented at meeting
  • All Agenda Items adopted by a large majority

03

May 2019

GRENKE increases earnings in the first quarter and continues profitable growth

  • Net profit in the quarter increases 13.6% to EUR 33.6 million (3M-2018: EUR 29.6 million)
  • Good basis created for reaching annual targets in the further course of the year

02

Apr 2019

The year starts off successfully with robust new business in the first quarter of 2019

  • Increase of 22.1% in new business at the GRENKE Group in the first quarter of 2019 
  • Core leasing markets show strong growth 

07

Feb 2019

GRENKE continues to grow profitably – strong new business is key factor for success

  • 2018 Consolidated Group net profit increases 24%
  • Proposed dividend of EUR 0.80 per share
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