11.05.2023 Allane SE  DE000A0DPRE6

EQS-News: Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023


 

EQS-News: Allane SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023

11.05.2023 / 09:24 CET/CEST
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023

  • Group operating revenue increased to EUR 96.6 million
  • Consolidated earnings before taxes (EBT) increased slightly to EUR 4.44 million
  • Group contract portfolio slightly down
  • Forecast for the 2023 financial year confirmed

Pullach, 11 May 2023 – The Allane Mobility Group (“Allane“), specialist for vehicle leasing and full-service solutions in Germany, today published its quarterly statement for the first three months of the 2023 financial year. Accordingly, both consolidated operating revenue and earnings before taxes (EBT) increased compared to the same period last year, while the Group's contract portfolio showed a slight decrease. Overall, the Company developed in line with expectations. For the full year 2023, Allane expects an increase in the Group contract portfolio.

Donglim Shin, CEO of Allane SE: “The first quarter has shown that our growth strategy 'FAST LANE 27' is already making an impact and is having a positive effect on the development of our consolidated operating revenue. We are confident that we will also be able to expand our contract portfolio in the current financial year – in particular through our Captive Leasing business pillar, which we have only just begun to build up in 2022."

Business development in the first quarter of 2023
The Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) amounted to 114,400 contracts, 1.3 percent below the figure as of 31 December 2022 (115,900 contracts).

Consolidated revenue, which includes operating sales and sales revenue, decreased by 0.6 percent in the first quarter of 2023, falling slightly to EUR 188.6 million (Q1 2022: EUR 189.8 million). By contrast, consolidated operating revenue (excluding sales revenue) increased slightly by 0.8 percent to EUR 96.6 million (Q1 2022: EUR 95.8 million). This was due to the increase in usage-related revenues, such as fuel revenues and revenues from individual service products, which had still been impacted by COVID-19 measures in the prior-year quarter. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management decreased by 2.1 percent and thus slightly to EUR 92.0 million (Q1 2022: EUR 94.0 million). This development results in particular from the decline in sales volume due to a reduced remarketing portfolio following a low contract portfolio and a higher number of contract prolongations.

Earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 5.5 percent to EUR 50.2 million in the first quarter of 2023 (Q1 2022: EUR 47.6 million). Earnings before taxes (EBT) increased by 0.5 percent to EUR 4.44 million (Q1 2022: EUR 4.42 million), resulting from a decrease in expenses for fleet and leased assets. This positive effect was countered by the increase in depreciation on leased assets and the increase in refinancing costs due to higher interest expenses. As a result, the operating return on revenue (EBT/Consolidated revenue) remained stable at 4.6 percent (Q1 2022: at 4.6 percent).

Outlook for the 2023 financial year confirmed
The Allane Mobility Group confirms its forecast published in the 2022 Annual Report. According to this, Allane Mobility Group expects its Group contract portfolio for the current 2023 financial year to be in a range of 120,000 to 150,000 contracts (2022: 115,860 contracts) and consolidated operating revenue to be between EUR 350 million and EUR 400 million (2022: EUR 385.4 million). For EBT, the company expects a low double-digit million-euro amount (2022: EUR 12.8 million).

The full quarterly statement as of 31 March 2023 is available for download on the Allane Mobility Group Investor Relations website.

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected] 



11.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Allane SE
Dr.-Carl-v.-Linde-Str. 2
82049 Pullach
Germany
Phone: +49 (0)89 7080 81 610
E-mail: [email protected]
Internet: http://ir.allane-mobility-group.com
ISIN: DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2
WKN: A0DPRE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1629633

 
End of News EQS News Service

1629633  11.05.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 743,95 805,80 824,43 747,72 740,45 717,02 670,00
EBITDA1,2 234,26 240,83 232,68 211,42 184,01 185,10 192,00
EBITDA-Marge3 31,49 29,89 28,22 28,28 24,85 25,82
EBIT1,4 45,95 43,75 41,35 20,19 12,99 17,03 22,70
EBIT-Marge5 6,18 5,43 5,02 2,70 1,75 2,38 3,39
Jahresüberschuss1 20,89 21,95 21,51 2,17 5,84 9,02 12,00
Netto-Marge6 2,81 2,72 2,61 0,29 0,79 1,26 1,79
Cashflow1,7 -197,38 43,60 107,09 41,10 157,91 14,13 0,00
Ergebnis je Aktie8 1,01 1,07 1,40 0,11 0,28 0,44 0,47
Dividende8 0,48 0,48 0,90 0,02 0,06 0,09 0,48
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Allane
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0DPRE 10,500 - 216,42
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,80 17,15 0,75 12,81
KBV KCV KUV EV/EBITDA
0,93 15,32 0,30 5,51
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,09 0,09 0,86 27.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
10.05.2024 23.08.2024 09.11.2023 30.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-6,00% -8,36% -6,25% -19,23%
    
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