EQS-News

Allane Mobility Group publishes Annual Report 2023

EQS-News: Allane SE / Key word(s): Annual Report/Forecast Allane Mobility Group publishes Annual Report 2023 30.04.2024 / 17:05 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE Allane Mobility Group publishes Annual Report 2023

• Group contract portfolio increases by 8.5% to 125,800 contracts
• Consolidated operating revenue* grows by 13.9% year-on-year to EUR 342.7 million
• Earnings before taxes of EUR 12.6 million in line with full year guidance
• Dividend proposal of EUR 0.09 per share

Pullach, 30 April 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, published its Annual Report 2023 today. Accordingly, the company has grown both its Group contract portfolio and its consolidated operating revenue*. In the Group contract portfolio, Allane achieved an increase of 8.5% to 125,800 contracts compared to the previous year. As a result, consolidated operating revenue* rose by 13.9% to EUR 342.7 million. Due to further adjustments in the context of revenue recognition in accordance with IFRS 15, there is a deviation from the value published in the preliminary figures for some service components. This adjustment has no impact on earnings. Earnings before taxes (EBT) amounted to EUR 12.6 million (previous year: EUR 12.8 million). For the 2024 financial year, Allane expects an increase in the Group contract portfolio to between 130,000 and 150,000 contracts, consolidated operating revenue* of between EUR 350 and 400 million and EBT in the high single-digit million-euro range.

Business development 2023
Overall, the Group contract portfolio in Germany and abroad was up 8.5% on the previous year's figure at 125,800 contracts. Consolidated revenue, which includes consolidated operating revenue* and sales revenue**, increased by 8.4% to EUR 619.2 million. Consolidated operating revenue* (excluding sales revenue**) rose by 13.9% to EUR 342.7 million. Sales revenue** for lease returns and brokered or marketed customer vehicles in Fleet Management increased by 2.4% to EUR 276.5 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose significantly by 19.4% to EUR 221.0 million in the 2023 financial year. However, earnings before taxes (EBT) were slightly below the previous year's level at EUR 12.6 million.