grenke has reported a 5.8% increase in leasing new business in the third quarter (Q3) of 2025, amounting to €781.2m ($917m), compared to €738.5m in the same quarter of the previous year.
The most leased assets were in the IT equipment category, which includes items such as laptops and software, making up 26.5% of the total contracts signed.
grenke CFO Martin Paal has set a target of €2.4bn of new business for the full year.
The proportion of direct business with customers remained relatively unchanged at 17.9%.
The period also saw a rise in lease applications to about 159,000, which led to the formation of roughly 77,000 new leasing agreements.
grenke noted that the Austria, Switzerland, and Germany (DACH) region was the top performer with new business, amounting to €207.2m, marking a 9.4% increase, with Germany contributing to over 21.7%.
This growth was partly due to a new partnership with Deutsche Telekom, expected to enhance grenke’s presence in the German market.
Western Europe, excluding DACH, reported a 12.3% increase to €197.3m while Southern Europe’s new business volume grew by 7.9% to €179.7m.
Although Northern/Eastern Europe saw a decrease, the ‘Other Regions’ category reported a 22.2% increase to €59.1m, with the US market contributing notably to this growth.
The company’s deposit business was reported at €2.19bn as of 30 September 2025, a slight decrease from the end of 2024.
grenke Bank’s new lending business, predominantly consisting of microcredit, showed a modest increase to €10.2m.
grenke CEO Sebastian Hirsch said: “Also the third quarter was generally characterised by a high degree of uncertainty. Against the backdrop of this persistently challenging environment, our focus on the strong core markets in Europe has paid off.
“Likewise, the significant growth in our future markets is strategically indicative of the direction we are taking – towards even greater international diversification and independence from individual markets. In short: grenke remains on track.”
The company’s overall earnings for the first half of 2025 were recorded at €26.2m.
The leasing division’s performance was particularly strong in the second quarter, with a 9.8% rise in new business, leading to an increase in lease receivables to €6.9bn.
“grenke leasing new business sees 5.8% uptick in Q3 2025 ” was originally created and published by Leasing Life, a GlobalData owned brand.
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