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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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04

Oct 2021

GRENKE Group

GRENKE AG: New leasing business in the third quarter adversely affected by supply bottlenecks; increased momentum expected in the fourth quarter; guidance for 2021 adjusted

  • New leasing business in Q3 2021 declines year-on-year to EUR 372.2 million (Q3 2020: EUR 517.6 million)
  • CM2 margin in Q3 2021 at 17.1% (Q3 2020: 18.4%)

04

Oct 2021

GRENKE Group

GRENKE AG: New leasing business in the third quarter adversely affected by supply bottlenecks; guidance for 2021 adjusted

Baden-Baden, October 4, 2021: GRENKE AG, a global financing partner for small and medium-sized enterprises, achieved new leasing business of EUR 372.2 million in the third quarter of 2021 (Q3 2020:...

22

Aug 2021

GRENKE Group

GRENKE sells stake in viafintech GmbH

Baden-Baden, August 22, 2021: GRENKE, global financing partner for small and medium-sized enterprises, today announced the sale of its minority stake of 25.01 percent in the fintech company viafint...

20

Aug 2021

GRENKE Australia

Lockdown Blues

At the moment things are hard. All over the country things are in lockdown (Victoria's 200 day milestone was a particularly painful milestone), and we've been unequivocally changed. Working from ho...

05

Aug 2021

GRENKE Australia

3 Essential Tips for The EOFY 

It’s another End Of Financial Year (EOFY) which means bringing your business records together for ‘tax time’. Avoid undue stress by having a record of all your business expenses. The ideal way to d...

04

Aug 2021

GRENKE Group

GRENKE achieves significant increase in net profit in the second quarter of 2021

  • Consolidated Group net profit increased by 35% to EUR 18.3 million
  • Customer payment behaviour stable; expenses for settlement of claims and risk provision decline

29

Jul 2021

GRENKE Group

Virtual Annual General Meeting of GRENKE AG resolves dividend and appoints new Supervisory Board members

Baden-Baden, July 29, 2021: GRENKE AG held its Ordinary Annual General Meeting today, which, as in the previous year, was held as a virtual event. The shareholders of GRENKE AG resolved to distribu...

28

Jul 2021

GRENKE Group

GRENKE AG raises profit forecast for 2021

  • Consolidated Group net profit of EUR 60-80 million expected (previous forecast: EUR 50-70 million)
  • Stable payment behaviour of customers – Decrease in expenses for settlement of claims and adjustment in risk provisioning

28

Jul 2021

GRENKE Group

GRENKE AG raises profit forecast for 2021

Baden-Baden, July 28, 2021: GRENKE AG, a global financing partner for small and medium-sized enterprises, is raising its profit forecast for 2021. The Board of Directors now expects a Consolidated ...

27

Jul 2021

GRENKE Group

Enforcement procedure completed

  • BaFin identifies errors and expresses points of criticism in three areas regarding the 2019 consolidated financial statements: the accounting treatment of franchise companies, the determination of risk provisions in accordance with IFRS 9, and the goodwill reported for the subsidiaries in Portugal and Poland. 
  • Areas identified were already known and retroactively adjusted for in the 2020 consolidated financial statements and taken into account in the current financial statements. 
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