LeasePlan reports 2011 net profit increase

LeasePlan has now published its annual results for 2011. Vahid Daemi, Chairman and CEO of LeasePlan Corporation said 'LeasePlan once again delivered impressive results in an economic environment that continues to present many challenges. Net Profit for the year grew by 13% to EUR 225 million'.

Key Highlights

  • Net profit increased by 13% to EUR 225 million, compared to EUR 199 million in 2010
  • Total number of vehicles increased by 2.7% to over 1.3 million
  • Diversified funding strategy on track with LeasePlan Bank again proving to be a strong performer
  • Strong solvency position with core tier 1 ratio of 14.9%
  • All three major rating agencies recognise resilience of performance by maintaining outlook at stable

Download the Press Release for full details

 
 
LeasePlan New Zealand Limited Level 3 LeasePlan House632 Great South RoadEllerslieAuckland