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News

What’s new at GRENKE? Let us keep you up to date. You can find all the latest news, press releases and announcements here.

Our archive

Are you looking for older notifications? Then take a look in our archive. It contains all news and announcements for past years.

 
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03

Dec 2019

Happy Anniversary Belfast

We are celebrating 10 years since the opening of our GRENKE Agency in Belfast. What started off with a team of 2, Stephen Nesbitt and James Williamson, fast forward 10 years later and GRENKE NI hav...

19

Nov 2019

GRENKE Welcomes First Apprentices

Matt Colleer, Laura D'Souza, Joe Endacott, Courtney Jones, Izzy Minor and Merlin Rowlands will spend time in various sales and administration teams gaining valuable industry, customer and business ...

11

Nov 2019

Let us introduce our new website

GRENKE launches new website in UK New company promise is ‘Fast. Forward. Finance.’ Holistic financial solutions give dealers and customers the freedom they need to develop entrepreneurial ideas Wit...

30

Oct 2019

GRENKE Group News

GRENKE’s business continues to perform well in the third quarter of 2019

  • Nine-month net profit increases by 5.2% to EUR 103.0 million (9M-2018: EUR 98.0 million)
  • Loss rate is stable compared to the second quarter of 2019 and in line with expectations

02

Oct 2019

GRENKE Group News

Growth continues in the third quarter of 2019 accompanied by higher profitability

  • New business at GRENKE Group Leasing increases 21.7% in the first nine months resulting in a slight increase in the full-year forecast to 18% - 21% (prior forecast: 16% - 19%)
  • Contribution margin 2 in the third quarter equals 17.1% after a level of 16.6% in the second quarter

27

Aug 2019

GRENKE UK have moved

GRENKE have moved into their new Headquarters at London Square, Guildford. Our new home has two floors, with plenty of room to welcome new talent to our ever expanding team. We have 4 meeting rooms...

20

Aug 2019

GRENKE Group News

GRENKE AG: Resignation of Supervisory Board member Heinz Panter

Baden-Baden, August 20, 2019: Heinz Panter, member of the Supervisory Board of GRENKE AG, today informed the Company that he is resigning as Supervisory Board member with immediate effect and leavi...

30

Jul 2019

GRENKE Group News

GRENKE continues its profitable growth course in a challenging environment and increases net profit in the first half-year by 7%; full-year forecast adjusted to growth of 5 to 13%

  • Half-year net profit increases by 7.2% to EUR 68.3 million (6M-2018: EUR 63.8 million)
  • Higher risk provisions required than initially forecast at the start of the year

29

Jul 2019

GRENKE Group News

GRENKE AG adjusts forecast for 2019 Consolidated Group net profit and reaffirms new business forecast

  • Adjustment in forecast for Consolidated Group net profit: following net profit of EUR 131 million in the previous year, net profit in the current year forecasted to rise to EUR 138 to 148 million (previous forecast: EUR 147 to 156 million)
  • Target for new business growth at GRENKE Group Leasing narrowed to 16 to 19 percent (previous forecast: 14 to 19 percent)

02

Jul 2019

GRENKE Group News

Solid new business growth recorded in the second quarter of 2019

  • Increase of 22.7% in new business at the GRENKE Group in the first half of 2019
  • Full-year forecast for growth of Leasing new business confirmed at a range of 14% – 19%
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