The grenke Group (grenke) is a global financing partner for small and medium-sized companies. As a one-stop shop for customers, grenke’s products range from flexible small-ticket leasing and demand-driven bank products to convenient factoring. Fast and easy processing and personal contact with customers and partners are at the centre of grenke’s activities.
Founded in 1978 in Baden-Baden, the Group operates more than 30 countries and employs approximately 2,200 staff (measured in terms of full-time equivalents) worldwide. As a provider of financing solutions for small-ticket contracts, a fundamental prerequisite for grenke’s economic success is maintaining the highest level of processing efficiency possible and a low level of related direct costs. To accomplish this, grenke Group gears its business model towards optimising efficiency across all core operating processes through standardisation, comprehensive IT-based automation, speed and a lean organisation.
For GRENKE (As per Dec 31, 2022) |
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3 Segments: Leasing, Factoring, Bank | Foundation in 1978 | >130 locations in more than 30 countries | >37,000 active resellers in leasing | ~680,000 lessees |
Currency | EUR |
Change (%) | 2.35 |
Previous Close | 15.66 EUR |
Volume | 69,978 |
Number of shares | 46,495,573 |
Market Cap (EUR) | 0.73 bn |
Key Facts |
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WKN / ISIN | A161N3 / DE000A161N30 |
Xetra / Bloomberg | GLJ / GLJ:GR |
Designated Sponsor | HSBC / ODDO BHF |
Class of shares | Registered shares |
Stock exchanges | Frankfurt (Prime Standard), Stuttgart, Berlin, Hamburg, Hannover, Munich |
Index | SDAX |
Share capital | EUR 46,495,573 |
Division of share capital | 46,495,573 |
Consolidated accounting standard Group | Exempting consolidated financial statements in accordance with IFRS |
End of business year | December 31 |
First day of trading | April 4, 2000 |
Ratings of grenke AG |
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Agency |
Long Term / Short Term |
Outlook |
Date |
Standard & Poor's |
BBB / A-2 |
stable |
November 2024 |
Fitch Ratings |
BBB / F2 |
stable |
June 2024 |
GBB Rating |
BBB + / - |
stable |
June 2023 |
Key Figures |
2023 | 2022 | 2021 | 2020 | 2019 |
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Leasing new business (EURm) | 2,581.3 | 2,299.2 | 1,657.8 | 2,027.9 | 2,849.1 |
Group earnings (EURm) | 86.7 | 84.2 | 95.2 | 88.4 | 133.3 |
Equity ratio % | 19.1 | 20.8 | 19.1 | 16.3 | 16.1 |
Cost-income ratio % | 59.2 | 55.2 | 50.5 | 43.1 | 44.4 |
Loss rate % | 1.0 | 1.3 | 1.6 | 2.3 | 1.5 |
Contribution margin 2 % | 16.5 | 16.1 | 17.6 | 18.4 | 17.0 |