Ayvens reported strong Q2 2025 financial results, with net income group share at EUR 271 million, a 38.5% increase from Q2 2024. Return on Tangible Equity (ROTE) improved to 13.7%, and earnings per share were up 42.4%. Leasing and Services margins also increased, contributing to the positive performance. Cost to income ratio decreased to 57.6%.
The company’s strategic transformation is progressing well, with synergy improvements and financial performance confirming the right track. Used car sales and Depreciation adjustments saw a 45.9% increase from Q2 2024. The company’s fleet and earning assets slightly decreased, but synergies improved to EUR 86 million in Q2 2025.
Ayvens’ total fleet decreased by 4.5% year-on-year, reflecting proactive actions taken to restore profitability. Full-service leasing contracts and fleet management contracts also decreased slightly. Electric vehicle penetration increased to 43% of new passenger car registrations in Q2 2025. Gross operating income reached EUR 855 million, up 8.9% from Q2 2024.
The company’s balance sheet showed a decrease in financial debt and an increase in deposits. Ayvens maintained a strong Common Equity Tier 1 ratio of 13.5% and a Total Capital ratio of 17.5% as at the end of June 2025. Moody’s, S&P Global Ratings, and Fitch Ratings affirmed the company’s strong long-term debt credit ratings.
These positive results led CEO Tim Albertsen to announce his retirement, effective December 1, 2025. Philippe de Rovira has been appointed as the next Chief Executive Officer to lead Ayvens into its next phase of development. The company looks forward to presenting Q3 results in late October.
Read more at GlobeNewswire: Strong Q2 2025 financial results, PowerUp 2026 progressing
