Grenke AG Reports Strong Earnings Growth in Q3 2025

Grenke AG recorded significant growth in earnings for the third quarter of 2025, with Group earnings rising to EUR 22.4 million, compared to EUR 12.0 million in the same period last year. This increase was mainly driven by a 15.5% rise in income from operations, reaching EUR 169.4 million, while costs grew only 7.0% to EUR 90.7 million. Despite an elevated loss rate of 1.9% due to macroeconomic challenges, the company maintained its full-year earnings guidance of EUR 71 million to EUR 81 million.

In the first nine months of 2025, Grenke's Group earnings amounted to EUR 48.6 million, down from EUR 57.0 million in 2024, aligning with their expectations. The Board of Directors maintains confidence in reaching the lower half of the earnings guidance range for 2025. Under this context, the company saw moderate growth in leasing new business, rising to EUR 781.2 million in Q3 2025, and an increase in lease receivables, now at EUR 7.1 billion.