grenke on track with earnings growth in the third quarter of 2025

EQS-News: grenke AG / Key word(s): Quarter Results/Quarterly / Interim Statement grenke on track with earnings growth in the third quarter of 2025 13.11.2025 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. grenke on track with earnings growth in the third quarter of 2025

• Group earnings in the third quarter of 2025 increase significantly year-over-year to EUR 22.4 million (Q3 2024: EUR 12.0 million)
• Group earnings for the first nine months of 2025 total EUR 48.6 million, as expected, below the previous year’s level (Q1-Q3 2024: EUR 57.0 million)
• Guidance for 2025 remains unchanged

 Baden-Baden, November 13, 2025: grenke AG, a global financing partner for small and medium-sized enterprises, recorded higher Group earnings of EUR 22.4 million in the third quarter of 2025 (Q3 2024: EUR 12.0 million). The increase was driven primarily by strong growth in income from operating business, which rose by 15.5% to EUR 169.4 million (Q3 2024: EUR 146.7 million), with costs increasing at a much slower rate of 7.0% to EUR 90.7 million (Q3 2024: EUR 84.8 million). The loss rate remained elevated at 1.9% in the third quarter (Q3 2024: 1.5%) due to the persistently challenging macroeconomic environment.

In the first nine months of the financial year, Group earnings totalled EUR 48.6 million (Q1-Q3 2024: EUR 57.0 million), in line with expectations, with an improved cost-income ratio of 55.4% compared to 57.4% in the same prior-year period. The loss rate was 1.8% (Q1-Q3 2024: 1.3%). Based on these results, the Board of Directors maintains its guidance for Group earnings for the current 2025 financial year in the range of EUR 71 million to EUR 81 million.

Dr Sebastian Hirsch, CEO of grenke AG: "Based on our key figures, we are likely to reach the lower half of our expected Group earnings range. This is a very solid result given the continued macroeconomic challenges. More importantly, our earnings are now again above last year’s level and continue to grow. The turnaround we initiated is thereby progressing steadily."