DGAP-News

GRENKELEASING AG: Consolidated Group net profit rises 24% to EUR 80.8 million - exceeds profit forecast of EUR 78 - 80 million - Seite 3

was 928 after 846 in 2014 (full-time equivalents, excluding the Board of
Directors).

"This past fiscal year marked a very successful year for GRENKE in many
respects. For one, we boosted our new business volume by 26 percent
year-on-year and reached a level of more than EUR 1.7 billion. The GRENKE
Consolidated Group also generated net profit of EUR 80.8 million. By
opening a location in Singapore, GRENKE Group made its first step into
Southeast Asia.

As one of the first providers of this service, our specialist reseller
partners in leasing have had the ability to process contracts completely
electronically since September 2015 using our innovative "eSignature"
service. Since introducing eSignature, we have already concluded over 2,200
contracts.

Using GRENKE's value-creating business model to drive our growth and the
strong momentum of our new business in leasing over the past several years,
we expect a renewed increase in net profit in fiscal year 2016. The GRENKE
Consolidated Group's net profit should be in the range of EUR 93 to 98
million", said Wolfgang Grenke, Chairman of the Board of Directors of
GRENKELEASING AG in his comments on the results and future outlook.

"Last year, we were able to solidify our position in the capital markets.
With our issue of a hybrid bond of EUR 30 million, we not only strengthened
our equity base but also expanded our broad range of refinancing
instruments.

We also intentionally expanded GRENKE Bank's activities. In addition to our
involvement in the "Mikrokreditfonds Deutschland" and our collaboration
with the "Weltsparen" portal, we made a strategic investment by acquiring
an interest in the innovative payment service "barzahlen.de".

As a growth company, we plan to strengthen GRENKE Group's financial
position and equity and consider the proposed Scrip Dividend as an
attractive opportunity for our shareholders to increase their engagement in
GRENKE" explained Jörg Eicker, Chief Financial Officer (CFO) of
GRENKELEASING AG.

The GRENKELEASING AG Group's financial report for 2015 can be viewed online
at www.grenke.de - INVESTOR RELATIONS - Financial Reports - Financial
Reports 2015.

Should you have any queries, please contact:

GRENKELEASING AG
Corporate Communications / Investor Relations
Renate Hauss
Neuer Markt 2
76532 Baden-Baden, Germany
Tel.: [phone]
E-mail: [e-mail]
Internet: http://www.grenke.de

The GRENKE Group

The GRENKE Group is a broadly diversified provider of IT-based services in