Grenke AG reports Q3 2025 group earnings of EUR 22.4 million

Reuters
2025.11.13 06:03
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Grenke AG reported Q3 2025 group earnings of EUR 22.4 million, up from EUR 12.0 million in Q3 2024. For the first nine months of 2025, earnings totaled EUR 48.6 million, down from EUR 57.0 million the previous year. Operating expenses rose to EUR 90.7 million, with staff costs at EUR 52.9 million. The cost-income ratio improved to 53.5%. The company maintains its full-year guidance of EUR 71 million to EUR 81 million in earnings and EUR 3.2 billion to EUR 3.4 billion in leasing new business. The equity ratio was 16.0%.

Grenke AG reported group earnings of EUR 22.4 million for the third quarter of 2025, up from EUR 12.0 million in Q3 2024. Group earnings for the first nine months of 2025 totaled EUR 48.6 million, compared to EUR 57.0 million in the same period the previous year. Operating expenses rose to EUR 90.7 million in Q3 2025 from EUR 84.8 million in Q3 2024, with staff costs accounting for EUR 52.9 million. The cost-income ratio improved to 53.5%, meeting the company’s target of below 60%. Grenke AG maintained its guidance for full-year 2025, expecting group earnings between EUR 71 million and EUR 81 million and leasing new business in the range of EUR 3.2 billion to EUR 3.4 billion. The equity ratio as of September 30, 2025, was 16.0%. The company noted that group earnings are likely to reach the lower end of the guidance range if the loss rate remains just below 1.8 percent for the full year. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grenke AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2228980_en), on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)