Allane SE
ISIN: DE000A0DPRE6
WKN: A0DPRE
23 August 2024 05:34PM

EQS-News: Allane Mobility Group increases contract portfolio and operating revenue in the first half of 2024

Allane SE · ISIN: DE000A0DPRE6 · EQS - Company News
Land: Deutschland · Primärmarkt: Deutschland · EQS News ID: 1974309

EQS-News: Allane SE / Key word(s): Half Year Report/Half Year Results
Allane Mobility Group increases contract portfolio and operating revenue in the first half of 2024

23.08.2024 / 17:34 CET/CEST
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Allane Mobility Group increases contract portfolio and operating revenue in the first half of 2024

  • Consolidated operating revenue increases by 37.0% to EUR 214.5 million
  • Group contract portfolio of 133,800 contracts 6.0% above the figure at the end of 2023 and 14.9% above the figure as of 30 June 2023
  • EBT forecast for the 2024 financial year adjusted due to increased risk provisioning

Pullach, 23 August 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, recorded a positive operating performance in the first half of 2024. Consolidated operating revenue increased significantly compared to the same period of the previous year, the Group contract portfolio was also significantly higher than the figure as of 30 June 2023 and slightly higher than the figure as of 31 December 2023.

Eckart Klumpp, CEO of Allane SE: “Allane Mobility Group recorded a strong operating performance in the first half of 2024. Particularly pleasing is the significant increase in consolidated operating revenue, which is primarily due to the continuous growth of our contract portfolio. As at June 30, 2024, this was well above the level of the previous year's reporting date. This development confirms that we are on the right track with our FAST LANE 27 strategy. Nevertheless, the challenging market environment has prompted us to further increase risk provisions, particularly for electric vehicles, which had a negative impact on earnings in the first half of the year.”

Business performance in the first half of 2024
The Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) increased to 133,800 contracts as of 30 June 2024, up 6.0% on the level as of 31 December 2023 (125,800 contracts). Compared to June 30, 2023, the Group contract portfolio increased by 14.9% (H1 2023: 116,400 contracts).

Consolidated revenue, which includes operating revenue and sales revenue, rose by 17.6% to EUR 359.5 million in the first half of 2024 (H1 2023: EUR 305.7 million*). Consolidated operating revenue, which does not include revenue from vehicle sales, increased by 37.0% to EUR 214.5 million (H1 2023: EUR 156.6 million*). This development is due to a sharp increase in leasing income and usage-related service income in the Leasing division as a result of the growing lease portfolio. Sales revenue* for lease returns and brokered or marketed customer vehicles in Fleet Management fell by 2.8% to EUR 145.0 million (H1 2023: EUR 149.1 million*). The main reason for this is the decline in unit prices of vehicles sold as a result of the continued regulation of the used vehicle market; the sales volume remained constant.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) improved significantly by 49.8% to EUR 147.7 million in the first half of 2024 (H1 2023: EUR 98.5 million). Consolidated earnings before taxes (EBT), however, were negatively impacted by the increased risk provisioning, or accumulated impairment losses, particularly for electric vehicles, in the value of EUR 41.2 million and consequently amounted to EUR -24.6 million (H1 2023: EUR 6.9 million). In addition, higher refinancing costs due to the growing lease portfolio and higher refinancing interest rates also had a negative impact on earnings performance.

EBT forecast for the 2024 financial year adjusted
The Management Board continues to expect a Group contract portfolio in the range of 130,000 to 150,000 contracts for the current 2024 financial year (2023: 125,800 contracts) and consolidated operating revenue of EUR 350 to 400 million (2023: EUR 342.7 million). As a result of the significantly increased risk provisioning, the Management Board now assumes that the company will achieve a consolidated EBT of between EUR -25 million and EUR -35 million in the current 2024 financial year (2023: EUR 12.6 million). The main reasons for the reduction in the EBT forecast are the expected market development with declining used car prices, particularly for electric vehicles, and the resulting need for unscheduled depreciation.

The complete consolidated interim report as of June 30, 2024 is available for download on the Investor Relations website of the Allane Mobility Group.

* Adjusted; see “3.4 Selected explanatory notes to the consolidated income statement”, subsection “Revenue” in the consolidated interim report of Allane SE as of 30 June 2024.

----

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2023 financial year, the Group generated consolidated revenue of around EUR 619 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
ir@allane.com



23.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Allane SE
Dr.-Carl-v.-Linde-Str. 2
82049 Pullach
Germany
Phone: +49 (0)89 7080 81 610
E-mail: ir@allane.com
Internet: http://ir.allane-mobility-group.com
ISIN: DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2
WKN: A0DPRE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1974309

 
End of News EQS News Service

1974309  23.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1974309&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Zur besseren Einschätzung der fundamentalen Entwicklung der jeweiligen Unternehmen bietet boersengefluester.de (BGFL) eine Übersicht mit den wesentlichen Kennzahlen zu Umsatz, Ergebnis, Cashflow und Dividende. Sämtliche Angaben werden manuell in unserer Datenbank erfasst – Quelle sind die jeweiligen Geschäftsberichte. Sofern es sich um Schätzungen für künftige Zahlen handelt, stammen sie durchweg von BGFL. 

Die wichtigsten Finanzdaten auf einen Blick
  2018 2019 2020 2021 2022 2023 2024e
Umsatzerlöse1 805,80 824,43 747,72 740,45 571,12 619,24 459,00
EBITDA1,2 240,83 232,68 211,42 184,01 185,10 221,01 0,00
EBITDA-Marge3 29,89 28,22 28,28 24,85 32,41 35,69 0,00
EBIT1,4 43,75 41,35 20,19 12,99 17,03 28,62 0,00
EBIT-Marge5 5,43 5,02 2,70 1,75 2,98 4,62 0,00
Jahresüberschuss1 21,95 21,51 2,17 5,84 9,02 8,85 -46,00
Netto-Marge6 2,72 2,61 0,29 0,79 1,58 1,43 -10,02
Cashflow1,7 43,60 107,09 41,10 157,91 14,13 -338,06 0,00
Ergebnis je Aktie8 1,07 1,40 0,11 0,28 0,44 0,43 -2,20
Dividende8 0,48 0,90 0,02 0,06 0,09 0,09 0,09
Quelle: boersengefluester.de und Firmenangaben
Legende

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

Alle relevanten Bewertungskennzahlen, Termine und sonstige Investor-Informationen zu Ihrer Aktie kompakt zusammengefasst. Gut zu wissen: Sämtliche Daten stammen von boersengefluester.de werden täglich aktualisiert. Damit sind Sie immer auf dem neuen Stand. Kurze Erkärungen zu den Kennzahlen bekommen Sie, wenn Sie mit dem Cursor bzw. der Maus auf das jeweilige Feld gehen.

INVESTOR-INFORMATIONEN
©boersengefluester.de
Allane
WKN ISIN Rechtsform Börsenwert IPO Einschätzung Plus Code
A0DPRE DE000A0DPRE6 SE 200,96 Mio € 07.05.2015 - 8FWH2GV6+9X
* * *
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV KBV KCV KUV
19,90 17,24 1,15 13,12 0,86 -0,59 0,32
Dividenden
Dividende '2022
in €
Dividende '2023
in €
Dividende '2024e
in €
Div.-Rendite '2024e
in %
0,09 0,09 0,09 0,92%
Finanztermine
Hauptversammlung Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
27.06.2024 10.05.2024 23.08.2024 08.11.2024 30.04.2024
Performance-Angaben
Abstand 60-Tage-Linie Abstand 200-Tage-Linie Performance YtD Kursveränderung 52 Wochen IPO
Akt. Kurs (EoD)
+3,72%
9,75 €
ATH 23,43 €
-1,52% -6,66% -12,95% -13,72% -51,25%

Werbung ist für uns ein wichtiger Einnahmekanal. Aber wir verstehen, dass sie manchmal lästig wird. Wenn Sie die Anzahl der angezeigten Werbung reduzieren möchten, loggen Sie sich einfach in Ihr Benutzerkonto ein und verwalten Sie die Einstellungen von dort aus. Als registrierter Benutzer erhalten Sie viele Vorteile.
          Qualitätsjournalismus · 2013-2024 · Made in Germany          
Die Nachrichtenmanufaktur

Informierte Anleger treffen bessere Entscheidungen

Auf dem 2013 von Gereon Kruse gegründeten Finanzportal boersengefluester.de dreht sich alles um deutsche Aktien – mit klarem Schwerpunkt auf Nebenwerte. Neben klassischen redaktionellen Beiträgen sticht die Seite insbesondere durch eine Vielzahl an selbst entwickelten Analysetools hervor. Basis sämtlicher Tools ist eine komplett selbst gepflegte Datenbank für mehr als 650 Aktien. Damit erstellt boersengefluester.de Deutschlands größte Gewinn- und Dividendenprognose.

Kontakt

Idee & Konzept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2024 von Gereon Kruse #BGFL