EQS-News

Allane Mobility Group records growth in consolidated operating revenue and contract portfolio in 2023

EQS-News: Allane SE / Key word(s): Preliminary Results Allane Mobility Group records growth in consolidated operating revenue and contract portfolio in 2023 22.03.2024 / 13:15 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE Allane Mobility Group records growth in consolidated operating revenue and contract portfolio in 2023

• Group contract portfolio increased by 8.6% to 125,800 contracts
• Consolidated operating revenue* increased by 13.0% year-on-year to EUR 361.2 million
• Earnings before taxes of EUR 12.6 million meet the full year guidance

Pullach, 22 March 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has grown both in the Group contract portfolio and in consolidated operating revenue* in the 2023 financial year – according to preliminary calculations – despite macroeconomic challenges. The Group contract portfolio increased by 8.6% year-on-year to 125,800 contracts, with the largest growth being generated in the Leasing business unit. As a result, consolidated operating revenue* rose by 13.0% to EUR 361.2 million. Earnings before taxes (EBT) were in line with the forecast in the 2023 financial year and amounted to EUR 12.6 million (previous year: EUR 12.8 million).

Eckart Klumpp, CEO of Allane SE: "Although the supply shortages were largely resolved in 2023, we were confronted with new macroeconomic challenges – such as a significant rise in interest rates. Despite the tense overall global situation, we achieved our guidance for 2023 and generated increases in both the contract portfolio and consolidated operating revenue. We have therefore returned to the growth path. The successful development is in particular due to the cooperation with Hyundai, which began in 2022, and the cooperation with Kia in the Retail Leasing business field, which started in 2023. Based on this, we are confident about the 2024 financial year."