GRENKE's first Capital Market Update and ambitious growth targets:
For 2024, the Board of Directors expects leasing new business of €3.4 billion and net profit of €140 million. This would double GRENKE's leasing new business and profit compared to financial year 2021. New business and consolidated profit will be increased four quarters in a row in 2022.
GRENKE is thus laying the foundation for increasing earnings in the coming years and has a robust starting position on its way back to the old growth strength that has characterised GRENKE for four decades. CFO Dr Sebastian Hirsch will take over from Michael Bücker as Chairman of the Board of Directors on 1 December 2022 - initially on an interim basis - then permanently from 16 February 2023.