LeasePlan Corporation N.V.
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Publicatie datum
27 jan 2011 - 08:23
Statutaire naam
LeasePlan Corporation N.V.
Titel
LeasePlan net profit increases by 20% to EUR 199 million in 2010
Bericht
• Net profit increased by 20% to EUR 199 million in 2010, compared to EUR 165 million in 2009
• Total number of vehicles stable at a level of 1.3 million
• Strong capital position with further improved BIS ratio at 16.7% and Tier 1 ratio of 14.6%
• Successful new Dutch internet savings bank LeasePlan Bank supports diversification strategy
• All three rating agencies recognise resilience in performance by improving the company’s outlook to stable
• Reinforced market position as the world’s leading fleet management company
Vahid Daemi, CEO and Chairman of LeasePlan, said: “In 2010 LeasePlan’s performance almost returned to the levels we realised before the economic crisis. We achieved a solid increase in net profit of 20% compared to 2009. Taking into consideration an incidental net profit contribution in 2009, the increase in net profit of actual business performance was even substantially higher. The good performance was supported by a strong reduction in losses on contract terminations because of improving used vehicle market conditions and our successful risk mitigating actions. Other traditional income components were stable or increased slightly.
During the year our employees worldwide worked hard to service the needs of our clients. In 2010 we continued measuring client satisfaction and loyalty, now covering all of the 30 countries we operate in. The results show that 88% of our clients are satisfied with our fleet management services. On top of that 85% of our clients find it easy to deal with us.
From a perspective of financing our core business we took several steps to further diversify our funding sources. Early 2010 we successfully launched a new internet savings bank in the Netherlands. LeasePlan Bank was able to attract savings in excess of EUR 1.5 billion by the end of 2010.
Datum laatste update: 28 juli 2024