ALBIS Leasing AG has announced a substantial 32% increase in its consolidated profit before tax for the 2024 financial year, reaching €5.8 million, compared to €4.4 million in 2023. The company confirmed its preliminary financial figures and credited strong growth in its high-margin core business segment and consistent cost management for the boost in earnings.
In line with this positive performance, ALBIS plans to increase its dividend payout to shareholders. The Management Board and Supervisory Board will propose a dividend of €0.09 per share at the upcoming Annual General Meeting on 2nd July, up from €0.08 in the previous year. This represents a dividend yield of 3.3% based on the 2024 year-end share price.
“Strong earnings in the 2024 financial year enables us to pay our shareholders an attractive dividend again this year,” said Sascha Lerchl, Member of the Management Board at ALBIS Leasing.
“Our strategic focus on the high-margin small-ticket business continues to drive profitability and long-term growth.”
According to the company, earnings before tax under German Commercial Code (HGB) standards also rose to €4.6 million, up from €3.9 million in 2023. ALBIS attributed its financial strength to the solid performance of its retail/manufacturers segment, efficient cost controls, and a stable risk profile in its leasing portfolio.
Looking ahead, ALBIS remains cautiously optimistic. Despite ongoing geopolitical and economic uncertainties, the company expects to generate between €95.0 million and €102.5 million in new business for 2025. Consolidated pre-tax earnings are forecast to remain stable within the range of €4.5 million to €5.75 million.
“Despite the tense economic situation, we expect the risk situation in our portfolio to remain stable in the 2025 financial year and to achieve another strong result,” Lerchl added.
