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News

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.

Our archive

Are you looking for older notifications? Then take a look in our archive. It contains all news and announcements for past years.

 
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05

May 2020

GRENKE Group

GRENKE to hold virtual Annual General Meeting and intends to offer a scrip dividend

  • Annual General Meeting now scheduled for August 6, 2020
  • New dividend proposal of EUR 0.80 per share (previously EUR 0.88) 

05

May 2020

GRENKE Group

Q1 2020: GRENKE remains active and profitable amid the COVID-19 pandemic

  • Net interest income increases 15.9% to EUR 101.1 million
  • Additional risk provisions of EUR 16 million under IFRS 9 lead to settlement of claims and risk provision of EUR 50.8 million (+79.4%)

02

Apr 2020

GRENKE Group

GRENKE postpones Annual General Meeting due to COVID 19 pandemic

In light of the continued spread of the coronavirus, the ordinary Annual General Meeting of GRENKE AG will not take place on May 19, 2020 as planned. The postponement of the Annual General Meeting ...

02

Apr 2020

GRENKE Group

GRENKE achieves 1.6% growth in Leasing new business in Q1 2020 despite COVID 19 pandemic

  • Contribution margin 2 increases from 16.6% to 18.2%
  • Demand reflects global constraints on macroeconomic activity

17

Mar 2020

GRENKE Group

Coronavirus – GRENKE still fully operational thanks to suitable precautions

The WHO and the Federal Ministry of Health in Germany have declared the coronavirus outbreak a public health emergency of international concern. GRENKE has been following developments relating to C...

16

Mar 2020

GRENKE Ireland

COVID 19 update

Dear Partners and Customers, In light of the recent developments regarding the Coronavirus (COVID -19) we at GRENKE wanted to inform you of the steps we are taking to ensure the safety and well-bei...

11

Feb 2020

GRENKE Group

GRENKE records a successful 2019 fiscal year with an increase in contribution margin and Consolidated Group net profit

  • Consolidated Group net profit increases by 8 percent to a total of EUR 142.1 million
  • Forecast range for net profit for 2020 is EUR 153 to 165 million

31

Jan 2020

GRENKE Group

GRENKE implements clarified requirements of IFRS 16 "Leases"

  • Adjustment made to attributable initial direct costs (IDCs)
  • Only slight adjustment to consolidated statement of financial position and consolidated income statement 

03

Jan 2020

GRENKE Group

GRENKE’s strong growth continues in 2019

  • GRENKE Group’s new business in 2019 reaches EUR 3,566.6 million for a year-on-year increase of 19.7%
  • Solid growth achieved in core markets

30

Oct 2019

GRENKE Group

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
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