ALD Leaseplan wants to consolidate its leadership position by 2026


(AOF) – ALD presented its strategic plan “PowerUP 2026” which follows the recent acquisition of LeasePlan: the new group has acquired a position well beyond the ambitions displayed in the previous strategic plan, “Move 2025”. ALD Leaseplan is the world’s leading player in multi-brand and multi-channel automobile leasing and the first in 29 countries: its total fleet reached 3.4 million vehicles as of June 30, 2023, twice as many as its closest main competitor. The group will launch a new brand by the end of 2023, to create a powerful new identity.

With “PowerUP 2026”, ALD | LeasePlan aims to achieve a Return on Tangible Equity (ROTE) of 13% to 15% by 2026, a level that is at the high end of the financial sector’s range.

The Tier 1 capital ratio is expected to be around 12%, and the dividend payout ratio would be 50% during the period 2023-2026.

© 2023 Agence Option Finance (AOF) – All reproduction rights reserved by AOF. AOF collects its data from the sources it considers the safest. However, the reader remains solely responsible for their interpretation and use of the information made available to them. The reader must therefore hold AOF and its contributors harmless from any claim resulting from this use. Agence Option Finance (AOF) is a brand of the Option Finance group

Did you like this article ? Share it with your friends using the buttons below.





Facebook


Linkedin


E-mail





Source link -85