France · Delayed Price · Currency is EUR Ayvens Earnings Call Transcripts
Fiscal Year 2025
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2025 saw strong financial performance with net income up 45%, improved margins, and successful integration progress. 2026 guidance focuses on profitability, stable fleet volumes, and continued cost discipline amid used car market normalization and BEV transition.
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Strong Q3 2025 results with 86% net income growth year-over-year, improved margins, and a €700 million capital return. Integration and restructuring are progressing, with stable BEV prices in Europe but challenges in the UK. CET1 ratio stands at 12.8%.
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Q2 2025 saw strong financial results with net income up 39% year-over-year, improved margins, and robust used car sales after depreciation adjustment. Integration and synergy targets are on track, while guidance for 2025 and 2026 is confirmed.
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Strong Q1 2025 results featured 21% net income growth, improved margins, and cost efficiency, with synergies and integration progressing well. Used car sales and EV penetration remained robust, while capital returns await clarity on the U.K. case.
Fiscal Year 2024
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Solid 2024 results with improved margins, cost efficiency, and strong capital position. 2025 guidance confirms continued margin focus, resumed fleet growth, and lower non-recurring items, with PowerUP 2026 targets reiterated.
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Integration milestones achieved, with strong underlying margins and cost discipline. Net income was impacted by non-recurring items, but capital and asset quality remain robust. Used car and EV markets are stabilizing, and synergy targets for 2024 are on track.
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Q2 2024 saw strong financial results with improved margins, €196 million net income, and robust capital ratios. LeasePlan integration advanced, delivering €27 million in synergies, while EV risk was managed through longer contracts and remarketing.