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5. Mai 2010
Global
UniCredit Leasing announced its financial results for 2009 |
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UniCredit Leasing closes 2009 with a net profit of € 117 mln
- Over 112.000 new contracts in the amount of € 8
- Total revenues of € 794 mln - in line with the budget expectations
- Operative costs of the network marked by a significant reduction of 10%
- Gross Operating Profit stable at € 525 mln
Milan, April 27th - For 2009, UniCredit Leasing keeps its leadership in the European leasing industry in terms of net profit with € 117 mln. Despite the difficulties encountered on the European market, the leasing product line of UniCredit Group closes the year with more than 112,000 contracts, with a new business volume of € 8 bn.
In 2009,the company reached the amount of € 794 mln in terms of revenues, while an effective cost management policy drove a solid reduction of the costs by € 27 mln vs. 2008 (-10% YoY). Despite the difficult economical context, the Gross Operating Profit suffered only a slight downsize of 4% YoY with € 525 mln.
The commercial structure of UniCredit Leasing is leveraging on the wide European network that is enabling clear synergies and value to its customers especially on cross border deals. And that resulted in the increasing trend of market share in Europe, as nowadays UniCredit Leasing is ranked at top three position in 13 out of 17 countries of presence, strengthening the overall market share.
“We have adopted a correct approach for facing the economic crisis, preserving our capability of generating value on the market by still ensuring sustainable growth”, stated Massimiliano Moi, CEO of UniCredit Leasing S.p.A.
According to the official countries’ data, last year the company increased its market share in 10 countries of presence and, in fact, is these days covering around 9% of the European leasing market.
About UniCredit Leasing
UniCredit Leasing is the first truly European network for asset based financing solutions. The possibility to structure leasing packages according to the individual needs and requirements gives our customers a competitive edge in their business.
In Europe, UniCredit Leasing is strongly locally rooted offering to the market a solid team of professionals and a real operating network able to lease easily and internationally. Our products are available via direct sales, specialized vendors partners, such as manufacturers and dealers, and bank branches as we are part of UniCredit Group.
With more than 2,900 employees in 17 countries, the company has substantially strengthened and further expanded its operations in Italy, Austria and Germany, and is nowadays the undisputed leader in the growing markets of Central and Eastern Europe (CEE).
Enquiries
Gianluca Bevilini, Head of Identity & Communications
Tel. +39 02 5568 586; e-mail: gianluca.bevilini@unicreditleasing.eu
