EQS-Adhoc: grenke and INTESA SANPAOLO form strategic partnership in Italy
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EQS-Ad-hoc: grenke AG / Key word(s): Alliance grenke and INTESA SANPAOLO form strategic partnership in Italy Baden-Baden, January 28, 2025: grenke AG, the market leader in Europe for small-ticket leasing, and Italy’s largest bank, INTESA SANPAOLO S.p.A. (ISP), today announced a strategic partnership to serve the Italian market for operating leases. Under the agreement, by mid-2025 Intesa Sanpaolo Rent ForYou S.p.A. (RFY), a subsidiary of ISP, will be contributed in full to grenke Locazione S.r.L., grenke’s Italian subsidiary. In exchange, ISP will receive a 17% equity stake in grenke Locazione. In addition, the partners agreed on the collaboration with ISP’s branch network and its approximately 1.2 million business customers for the duration of the agreement. The shareholders will jointly assume the refinancing of future activities. The partnership is still subject to the approval of the relevant authorities. The completion of the trans-action is expected to take place by the end of the first quarter of 2025. grenke’s business model, which focuses on small-ticket leasing for contracts with acquisition values averaging below EUR 10,000, remains unchanged. The cooperation is designed to enhance the competitive position in this segment of both companies, drive growth, and increase their combined market share. Further information is available from Investor contact Franziska Randt Press contact Stefan Wichmann End of Inside Information
28-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | grenke AG |
| Neuer Markt 2 | |
| 76532 Baden-Baden | |
| Germany | |
| Phone: | +49 (0)7221 50 07 8611 |
| Fax: | +49 (0)7221 50 07-4218 |
| E-mail: | investor@grenke.de |
| Internet: | www.grenke.de |
| ISIN: | DE000A161N30 |
| WKN: | A161N3 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2076345 |
| End of Announcement | EQS News Service |
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2076345 28-Jan-2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 3.512,49 | 2.675,70 | 2.358,74 | 3.083,36 | 3.419,82 | 3.967,43 | 4.280,00 | |
| EBITDA1,2 | 203,03 | 153,99 | 163,99 | 130,44 | 139,98 | 114,94 | 0,00 | |
| EBITDA-Margin3 | 5,78 | 5,76 | 6,95 | 4,23 | 4,09 | 2,90 | 0,00 | |
| EBIT1,4 | 170,00 | 125,12 | 132,51 | 97,98 | 112,91 | 90,02 | 0,00 | |
| EBIT-Margin5 | 4,84 | 4,68 | 5,62 | 3,18 | 3,30 | 2,27 | 0,00 | |
| Net Profit (Loss)1 | 135,90 | 88,44 | 95,19 | 84,18 | 86,71 | 70,16 | 75,00 | |
| Net-Margin6 | 3,87 | 3,31 | 4,04 | 2,73 | 2,54 | 1,77 | 1,75 | |
| Cashflow1,7 | 140,75 | 586,62 | -72,04 | -346,84 | 329,25 | 393,96 | 370,00 | |
| Earnings per share8 | 2,95 | 1,86 | 1,94 | 1,75 | 1,79 | 1,44 | 1,53 | |
| Dividend per share8 | 0,80 | 0,26 | 0,51 | 0,45 | 0,47 | 0,40 | 0,40 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: BDO
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Grenke | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A161N3 | DE000A161N30 | AG | 687,21 Mio € | 04.04.2000 | - | 8FWCQ5VV+XH |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 9,92 | 19,08 | 0,52 | 6,48 | 0,61 | 1,74 | 0,17 |
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Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,47 | 0,40 | 0,40 | 2,71% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 24.04.2026 | 13.05.2026 | 13.08.2026 | 13.11.2025 | 12.03.2026 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -4,05% | -4,26% | -4,15% | -5,98% | +133,49% |
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