Q1 2021 RESULTS
MAY 31, 2021
Highlights Q1 2021
Antje Leminsky
CEO
Leasing - Banking - Factoring | Investor Relations // | GRENKE // 2 |
Q1 2021: Highlights
PROFIT IN LINE WITH GUIDANCE - CONTINUED FOCUS ON HIGH-MARGIN BUSINESS
Group new business of EUR 536m (-38.5% vs Q1 2020, which was largely unaffected by COVID-19)
Leasing CM2 margin strongly increased to 19.5% (+1.3pp vs Q1 20201) through continued focus on profitable small-ticket business
Net Profit at EUR 14.0m
(-28.8% vs Q1 20201)
Proposed dividend of EUR 0.26 per share for the financial year 2020
Stable equity ratio of 16.5% as of March 31, 2021 (vs 16.3% as of December 31, 20201)
Virtual Annual General Meeting
29 July 2021
1) Figures have been adjusted in accordance with IAS 8.42 (including the consolidation of the franchise companies). | Leasing - Banking - Factoring | Investor Relations // | GRENKE // 3 |
Q1 2021: Group New Business Development
NEW BUSINESS VOLUME PLATEAUING IN LIKELY FINAL STAGES OF COVID-19 PANDEMIC
New Business Development GRENKE Group 2020 - 2021
EUR m
New Business Segment Distribution Q1 2021
-38.5%
871
704
598 | 622 |
536
29.0%
2.7%
LEASING
IS OUR
CORE
BUSINESS 68.3%
Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Leasing | Factoring | SME lending business |
Leasing - Banking - Factoring | Investor Relations // | GRENKE // 4 |
Q1 2021: New Business by Segment
LEASING CONTINUES TO BE MOST IMPORTANT CONTRIBUTOR
YOY comparison of new business by segment
EUR m
LEASING | FACTORING | GRENKE BANK1) |
-46.3%
681.3
365.8
-9.5%
171.7155.4
-18.2%
18.014.7
Q1 2020 | Q1 2021 | Q1 2020 | Q1 2021 | Q1 2020 | Q1 2021 |
1) GRENKE Bank New Business only includes SME lending business and Microcredit business | Leasing - Banking - Factoring | Investor Relations // | GRENKE // 5 |
Um den Rest dieser Noodl zu lesen, rufen Sie bitte die Originalversion auf, und zwar hier.
Attachments
- Original document
- Permalink
Disclaimer
Grenke AG published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 16:49:05 UTC.