GettyImages-1366598549-Blue-small

Strong Q2 2025 financial results, PowerUp 2026 progressing according to plan

2 min to readPress releases 2025
Share this

Net income group share at EUR 271 million, up 38.5% vs. Q2 2024 Return on Tangible Equity (ROTE) at 13.7% vs. 10.1% in Q2 2024 Earnings per share at EUR 0.30 up 42.4% vs. Q2 2024

Leasing and Services margins at EUR 712 million, up 3.7% vs. Q2 2024 Underlying margins at 550 bps of average earning assets vs. 539 bps in Q2 2024

Used car sales (UCS) result and Depreciation adjustments at EUR 143 million up 45.9% vs. Q2 2024

Synergies at EUR 86 million in Q2 2025, up from EUR 27 million in Q2 2024

Cost to income ratio3 at 57.6%, down 4.3pp vs. 61.9% in Q2 2024

Earning assets at EUR 52.9 billion, broadly stable vs. end June 2024 CET1 ratio at 13.5% as at end June 2025

“I am pleased to report that Ayvens has delivered another strong set of financial results for the second quarter of 2025, building on the solid performance from the start of the year. This marks a robust and satisfying first half, achieved despite a generally subdued economic environment.

In Europe, new car registrations have yet to return to pre-COVID levels. Against this backdrop, we are successfully reinforcing our capabilities to serve the growing retail market, directly under the Ayvens brand—a key strategic focus for us.

We continue to execute our PowerUP 2026 strategic plan with discipline and determination. Integration is progressing well, with migrations completed in 14 of the 21 overlapping countries. This is already driving synergies across both revenue and cost lines, and the resulting financial performance confirms we are on the right track.

With our strategic transformation now well advanced, I have announced my retirement, effective 1 December 2025. The Board has ensured a smooth leadership transition, appointing Philippe de Rovira as the next Chief Executive Officer of Ayvens, effective from that date. I have every confidence in Philippe and the leadership team to continue delivering on our strategic and financial roadmap and to lead Ayvens into its next phase of development.

I look forward to presenting our Q3 results in late October. In the meantime, I would like to thank all our teams around the world for their commitment and contribution. It has been a privilege to lead Ayvens through this unique journey. Together, we have built a global leader - and a strong platform for the future.”

Tim Albertsen, Group CEO of Ayvens

[1] The Group's results as at 30 June 2025 were examined by the Board of Directors, chaired by Pierre Palmieri on 30 July 2025. The limited review procedures carried out by the statutory auditors on the consolidated condensed financial statements are in progress [2] Diluted Earnings per share, calculated according to IAS 33. Basic EPS for Q2 2025 at EUR 0.31 [3] Excluding UCS result and non-recurring items [4] Management information [5] Net carrying amount of the rental fleet plus net receivables on finance leases

Published at 31 July 2025
31 July 2025
Share this

Related articles

Press releases 2024
Ayvens appoints new Head of Investor Relations04 July 2024 - 1 min to read
Press releases 2024
Ayvens launches Ayvens Carmarket14 May 2024 - 2 min to read
Press releases 2024
Ayvens publishes the Purchase Price Allocation of LeasePlan10 January 2024 - 1 min to read