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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. 

21

jul 2021

GRENKE Group

S&P affirms GRENKE AG rating of BBB+/A-2

Baden-Baden, July 21, 2021: GRENKE AG, global financing partner for small and medium-sized enterprises, today reports the latest rating action by Standard & Poor's in which S&P Global Ratings affir...

02

jul 2021

GRENKE Group

New Business Q2 2021: Return to Conclusion of More Contracts – First Indications of a Normalisation

  • Number of new lease contracts rises again year-on-year for the first time since the beginning of the pandemic
  • New leasing business of EUR 398.6 million at previous year's level (Q2 2020: EUR 402.3 million) 

29

jun 2021

GRENKE Group

Changes in the Supervisory Board of GRENKE AG and new member of the Board of Directors at GRENKE BANK

Changes in the Supervisory Board of GRENKE AG and new member of the Board of Directors at GRENKE BANK Chair of the Supervisory Board Prof Lipp: "Upcoming Annual General Meeting will be an im-portan...

14

jun 2021

GRENKE Group

Chair of the Board of Directors Antje Leminsky leaves the Company; Michael Bücker to take over as of August 1, 2021

Baden-Baden, June 14, 2021: GRENKE AG announces that the Chair of the Board of Directors, Antje Leminsky, has decided for personal reasons to leave the Company as of June 30, 2021 after eight years...

14

jun 2021

GRENKE Group

GRENKE: Chair of the Board of Directors Antje Leminsky leaves the Company; Michael Bücker to take over as of August 1, 2021

Baden-Baden, June 14, 2021: GRENKE AG announces that the Chair of the Board of Directors, Antje Leminsky, has decided for personal reasons to leave the Company as of June 30, 2021 after eight years...

31

mei 2021

GRENKE Group

GRENKE on track with first quarter – pick-up expected in second half-year

  • Net profit of EUR 14.0 million in Q1 2021 (Q1 20201: EUR 19.7 million)
  • Cost-income ratio at 51.2% (adjusted for extraordinary consulting and audit costs: 46.0%)
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