Allane Mobility Group Grows Significantly in the First Quarter of 2024 [Yahoo! Finance]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
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Company Research
Source: Yahoo! Finance
Forecast for the 2024 financial year confirmed PULLACH, Germany - ( NewMediaWire ) - May 10, 2024 - Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, published its quarterly statement for the first three months of the 2024 financial year today. Accordingly, consolidated operating revenue increased significantly compared to the same period of the previous year. The Group contract portfolio remained stable compared to December 31, 2023, but increased significantly compared to the same quarter of the previous year. Earnings before taxes (EBT) fell due to extraordinary write-offs for risk provisioning. Eckart Klumpp, CEO of Allane SE : "With our FAST LANE 27' strategy, we have already returned to the growth path in 2023. In the first quarter of 2024, we achieved a significant increase in operating revenue and therefore accelerated our growth trajectory. We are confident that we will continue to expand our operating business in the
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