Allane Mobility Group Reports 2024 Business Growth

In 2024, Allane Mobility Group, a vehicle leasing specialist, reported significant growth in its operating business. The company's consolidated operating revenue soared by 33.5% to EUR 457.6 million, up from EUR 342.7 million in 2023. Additionally, the Group's contract portfolio grew by 14.1%, reaching 143,500 contracts by year-end.

However, consolidated earnings before taxes (EBT) experienced a downturn, dropping to a negative EUR 49.3 million. This decrease is mainly due to unscheduled write-downs tied to declining residual values of electric vehicles. Despite this, the company remains optimistic, forecasting continued growth in its contract portfolio, revenue, and EBT for 2025.

For the upcoming year, Allane aims to expand its contract portfolio to between 150,000 and 170,000 contracts and increase consolidated operating revenue to between EUR 570 million and EUR 620 million. EBT is projected to recover, ranging from EUR 25 million to EUR 35 million.