News

PRESS RELEASE

BusinessBike and Allane sign cooperation agreement

Pullach, 10 April 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has signed a strategic partnership with the corporate bike leasing provider BusinessBike GmbH ("BusinessBike"). The cooperation enables customers of Allane Mobility Consulting and Allane Fleet to benefit from the attractive offers and advantages of Business Bike Leasing. Through the cooperation with Allane, BusinessBike expands its network and can increase its customer base, while Allane offers additional added value for new and existing customers by expanding its product portfolio. Allane is thus positioning itself further in the direction of a comprehensive mobility service provider.

The partnership between Allane and BusinessBike enables companies to offer their employees an environmentally friendly and healthy alternative for commuting to work. Corporate bike leasing from BusinessBike offers attractive conditions and a wide selection of high-quality bicycles, e-bikes and accessories.

Ömer Köksal, CEO of Allane Mobility Consulting: "We are very pleased about the partnership with BusinessBike. This is another important milestone for us on our way to becoming the leading provider of comprehensive mobility solutions. The collaboration allows us to expand our offering and provide our customers with an innovative solution for their mobility needs. We are convinced that bike leasing is a sustainable and attractive option for companies and their employees."

By collaborating with BusinessBike, one of the leading corporate bike leasing providers in Germany, Allane underlines its commitment to environmentally friendly mobility and demonstrates its willingness to offer innovative solutions tailored to the needs of its customers.

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About BusinessBike

BusinessBike GmbH is one of the leading corporate bike leasing providers in Germany. Since 2019, BusinessBike is part of the Dutch company Pon.Bike, the largest bicycle manufacturer in Europe with international brands such as Kalkhoff, Cervélo, Focus and Gazelle. With its real-time portal, which has won multiple awards as the best leasing portal in Germany, BusinessBike organizes the leasing of corporate bikes between companies and employees quickly, easily and digitally: employees choose their desired bikes online or in specialist shops with a free choice of brands, companies lease the company bikes and give them to their employees for private and professional use. Everyone benefits! Thanks to the tax incentives for corporate bike leasing, employees can save up to 40% when converting their salary compared to a direct purchase. As a salary bonus, the corporate bike is even tax-free and free of charge for employees. For specialist dealers and companies, BusinessBike is free of charge. With strong partners at its side, BusinessBike offers the unique 100% leasing on the market – for all-round protection without risk. Over 50,000 companies from all sectors with over 4 million employees already rely on BusinessBike. Further information can be found at www.businessbike.de.

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 2023 financial year, the Group generated consolidated revenue of around EUR 638 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:

Kirchhoff Consult
[email protected]

Allane SE: Dividend proposal of the Management Board for the 2023 financial year in the amount of 20% of consolidated net profit

Pullach, 3. April 2024 - The Management Board of Allane SE today decided to propose to the Annual General Meeting for the 2023 financial year a dividend distribution of around 20% of the consolidated net profit for the 2023 financial year, while at the same time cancelling the previously communicated target range of 30% to 60%. This proposal aims to keep a solid equity position under the further expected growth of the assets in the coming years. The Management Board and Supervisory Board will make a specific and final proposal to the Annual General Meeting on the appropriation of profits once the audited financial statements for the 2023 financial year are available.

Contact:
Peter Thoma
Investor Relations
Email: [email protected]
Tel: +49 89 708081351

PRESS RELEASE

Allane Mobility Group records growth in consolidated operating revenue and contract portfolio in 2023

• Group contract portfolio increased by 8.6% to 125,800 contracts
• Consolidated operating revenue* increased by 13.0% year-on-year to EUR 361.2 million
• Earnings before taxes of EUR 12.6 million meet the full year guidance

Pullach, 22 March 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has grown both in the Group contract portfolio and in consolidated operating revenue* in the 2023 financial year – according to preliminary calculations – despite macroeconomic challenges. The Group contract portfolio increased by 8.6% year-on-year to 125,800 contracts, with the largest growth being generated in the Leasing business unit. As a result, consolidated operating revenue* rose by 13.0% to EUR 361.2 million. Earnings before taxes (EBT) were in line with the forecast in the 2023 financial year and amounted to EUR 12.6 million (previous year: EUR 12.8 million).

Eckart Klumpp, CEO of Allane SE: "Although the supply shortages were largely resolved in 2023, we were confronted with new macroeconomic challenges – such as a significant rise in interest rates. Despite the tense overall global situation, we achieved our guidance for 2023 and generated increases in both the contract portfolio and consolidated operating revenue. We have therefore returned to the growth path. The successful development is in particular due to the cooperation with Hyundai, which began in 2022, and the cooperation with Kia in the Retail Leasing business field, which started in 2023. Based on this, we are confident about the 2024 financial year."

Business development
In the Retail Leasing business field, the contract portfolio as of 31 December 2023 increased by 23.7% year-on-year to 43,600 contracts. In the Fleet Leasing business field, the number of contracts was slightly higher than in the previous year at 33,700, an increase of 0.3%. The contract portfolio also increased in the Fleet Management business unit, rising by 3.1% to 48,500 contracts. Overall, the Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was up 8.6% on the previous year at 125,800 contracts.

According to preliminary calculations, consolidated operating revenue* (excluding sales revenue**) increased by 13.0% to EUR 361.2 million. Sales revenue** from the sale of lease returns and the marketing of customer vehicles from Fleet Management increased by 2.4% to EUR 276.5 million. This development was mainly due to a slight increase in the volume of vehicles sold as a result of the continued high demand for used vehicles, with unit prices remaining almost constant compared to the previous year. Consolidated revenue, which includes consolidated operating revenue* and sales revenue**, therefore increased by 8.1% to EUR 637.7 million.

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased significantly by 19.4% to EUR 221.0 million in the 2023 financial year. At EUR 12.6 million, earnings before taxes (EBT), however, were slightly below the previous year's level. This is mainly due to a lower financial result resulting from increased refinancing costs due to higher interest rates.

The Allane Mobility Group will announce the final and audited figures for the 2023 financial year and an outlook for the 2024 financial year with the publication of the Annual Report 2023 on 30 April 2024.

_{* In the 2023 financial year, there was an adjustment in revenue recognition in accordance with IFRS 15 for some service components, meaning that Allane no longer recognizes the corresponding revenue in the role of the principal, i.e. on a gross basis, but in the role of the agent, i.e. on a net basis. This adjustment is reflected in the consolidated operating revenue. As a result of the adjustment, the previous year’s figure changed by EUR 65.8 million from EUR 385.4 million to EUR 319.6 million.}

_{** In the 2023 financial year, there was also an adjustment in revenue recognition for sales revenue in accordance with IFRS 15. Allane no longer recognizes the corresponding sales revenue from the marketing of customer vehicles in the Fleet Management business unit in the role of the principal, i.e. on a gross basis, but in the role of the agent, i.e. on a net basis. As a result of the adjustment, the previous year’s figure changed by EUR 61.5 million from EUR 331.6 million to EUR 270.1 million.}

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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 2023 financial year, the Group generated consolidated revenue of around EUR 638 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] 

PRESS RELEASE

Allane Mobility Group becomes leasing partner for Kia dealers in Germany

Pullach, 13 February 2024 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, and Kia Deutschland GmbH ("Kia") are establishing a strategic cooperation. With the 'KIA Leasing' brand, Kia partners can now work closely with Allane as a leasing partner and offer their customers customized leasing products on site. Following an extensive pilot phase, 'KIA Leasing' is now available for almost all Kia dealers.

In close cooperation with Kia Germany, 'KIA Leasing' offers both pure vehicle leasing and a wide range of associated services. As part of the cooperation, leasing is viewed holistically and also includes the return and marketing of vehicles at the end of the leasing term. The Kia dealership generally has the option of purchasing the leased vehicles at the end of the contract term and can thus optimize its used vehicle business in a targeted manner.

Thomas Djuren, Managing Director of Kia Deutschland GmbH: "The sale of vehicles together with a leasing product offers a major advantage, particularly with regard to our electrification strategy: the customer can test the entry into electromobility. In addition, they always drive the latest generation of vehicles. Dealers benefit from young used cars and our partners and we benefit equally from greater customer loyalty.“

Eckart Klumpp, CEO of Allane SE: "The expansion of Captive Leasing with the 'KIA Leasing' brand marks another milestone in our company's long-term growth strategy. We are very pleased that we can now fully take off with the 'KIA Leasing' brand and the network of Kia partners."

The cooperation with Kia is an integral part of the company's FAST LANE 27 strategy, which focuses on customer needs and aims to find customized digital solutions. Allane already offers dealers the opportunity to conclude leasing contracts largely digitally with the “Allease” portal. In addition, service modules such as maintenance packages can be integrated into the leasing contract with a single click. This allows Kia dealers to expand their product and service portfolio in a targeted manner. With "Allease", Allane is providing Kia dealers further growth opportunities.

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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

Press Contact:
Kirchhoff Consult
[email protected]

About Kia
Kia is a global mobility brand with a vision to create sustainable mobility solutions for consumers, communities and societies worldwide. Founded in 1944, the company has been in the mobility industry for eight decades. Today, Kia has around 52,000 employees worldwide, is represented in over 190 markets, operates production facilities in six countries and sells around three million vehicles per year. Kia is a pioneer in popularizing electrified and battery-powered vehicles and developing diverse mobility services to encourage millions of people around the globe to explore the best ways to get around. The brand slogan "Movement that inspires" illustrates Kia's aim to inspire consumers through its products and services.

In the German market, where Kia started sales in 1993, the brand is represented by Kia Deutschland. The 100% Kia subsidiary based in Frankfurt am Main has more than doubled its sales since 2010. In 2023, 20.2 percent of Kia vehicles sold in Germany were already electric cars.

Also based in Frankfurt is Kia Europe, the mobility provider's European sales and marketing organization, which serves 39 markets. Every second Kia sold in Europe comes from European production: in Zilina, Slovakia, the company has been operating a state-of-the-art production facility with an annual capacity of 350,000 vehicles since 2006.

Since 2010, the brand has granted the 7-year Kia manufacturer's warranty (max. 150,000 km, in accordance with the applicable warranty conditions) for all new cars sold in Europe.

Allane Mobility Group: Eckart Klumpp takes up office as CEO 

Pullach, 2 January 2024 – Eckart Klumpp took up his position as Chief Executive Officer (CEO) of Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, on 1 January 2024. He thus succeeds Donglim Shin, who had left the company on 31 December 2023. In order to ensure an optimal transition together with his predecessor, Eckart Klumpp had already been working in an advisory role at Allane since October 2023. He was appointed CEO by the Supervisory Board of Allane SE at the end of last year.

Jochen Klöpper, Chairman of the Supervisory Board of Allane SE: "We are delighted that we have been able to recruit Eckart Klumpp as the new CEO of Allane. With his many years of international experience in the areas of automotive financing and sales, he is the ideal candidate for this position. On behalf of the entire Supervisory Board and all Allane employees, I wish him a good start and great success in his new role."

Eckart Klumpp, CEO of Allane SE: "I am grateful for the trust placed in me and I am very much looking forward to shaping the further development of the company together with my Managing Board colleague Álvaro Hernández and the entire Allane team. Allane's great expertise, its holistic concept in terms of comprehensive mobility solutions, and its successful business model have great potential for growth. We want to expand Allane's market position and achieve sustainable growth."

Eckart Klumpp began his career in 1991 at Mercedes-Benz AG and has held various management positions at different companies in the banking and automotive industries, including DaimlerChrysler Financial Services, LLC. He was appointed Chief Commercial Officer of Hyundai Capital America in June 2020 and has significantly advanced the operating business in the areas of car leasing and financing as part of his role.

Picture material:

• Portrait: Eckart Klumpp (Image rights: Hyundai Capital America)

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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] 

Allane Mobility Group strengthens role of Chief Mobility Officer – further strategic alignment between business lines and technology

Pullach, 22 December 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, announces that the  responsibilities of the Chief Mobility Officer (CMO), Changhwan Song, have been supplemented by the product management for the Group. Mr. Song will play a key role in advancing the mobility strategy of Allane, now being responsible for the Group strategy, the new Captive Leasing business, the mobility platform and also product management. The goal of Allane is to ensure proactive reactions on rapid changes in the market environment and the implementation of the strategy as well as the strategic alignment between business lines and technology.

Mr. Song has over 19 years of experience in business consulting, project management and technology. His international career includes leadership positions at e.g. Samsung and Hyundai Capital Bank.

Donglim Shin, CEO of Allane SE: "Changhwan Song has impressive professional background. His expertise and enthusiasm for innovative mobility solutions align with our vision for sustainable transportation. In his expaneded role as CMO he will especially be leading our strategy and digitalization projects."

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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

Press Contact:
Kirchhoff Consult AG
[email protected]

PRESS RELEASE

Allane Mobility Group: autohaus24 opens strategic location in Wuppertal

Pullach, 21 November 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has once again expanded its offline business and opened a new autohaus24 location in Wuppertal. The geographical location of the new point of sale in an economically strong metropolitan center enables autohaus24 to significantly expand its market presence in North Rhine-Westphalia and to exploit further market potential in the Rhine-Ruhr region as well as in the neighboring BENELUX states. The location in Wuppertal adds another strategic anchor point to the three existing branch offices in Berlin/Brandenburg, Bavaria and Hesse. The official opening of the new location took place on 18 November 2023 in the presence of the Mayor of the City of Wuppertal, Dagmar Liste-Frinker.

Werner König, Managing Director of autohaus24 GmbH: "We are very pleased about the opening of our new autohaus24 location in Wuppertal. Thanks to its strategic location in one of the most densely populated areas in Germany, we can, on the one hand, tap into new market potential – even beyond Germany. On the other hand, the large size of the new location creates the conditions for a wider range of products and consequently a significant improvement in the customer experience. This will enable us to further increase our sales figures and reduce the number of days the vehicles remain on the site."

The expansion of the autohaus24 business is part of the Allane Mobility Group's growth strategy. Among other things, the strategy envisages developing autohaus24 into a Mobility Solution Center that offers optimized products and services beyond the existing range.

The geographical location of the new autohaus24 site was chosen so that previously untapped market potential in the densely populated and economically strong Rhine-Ruhr region and neighboring countries can be exploited. For example, around 25 percent of the Allane Mobility Group's existing Online Retail Leasing customers come from within a radius of 100 kilometers. With a site area of around 13,000 square meters, which offers a parking space for around 500 vehicles, the spacious location in Wuppertal is also an ideal handover location for vehicles and should make a significant contribution to reducing process times and costs and lowering CO₂ emissions by avoiding additional transport routes, e. g. for the delivery of vehicles. In this way, the Allane Mobility Group aims to optimize the customer experience and further increase customer satisfaction.

Image material (from left to right: Donglim Shin, CEO of Allane Mobility Group, Dagmar Liste-Frinker, Mayor of the City of Wuppertal, and Werner König, Managing Director of autohaus24 GmbH) of the new autohaus24 location in Wuppertal and the opening ceremony are available here. The image rights are owned by Allane SE.

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About autohaus24 GmbH:

autohaus24 GmbH, a wholly owned subsidiary of Allane SE, is the largest independent used car dealer in Germany. The vehicles are marketed at three major locations in Munich-Eching, Frankfurt-Egelsbach and Berlin-Ludwigsfelde as well as via autohaus24.de. Customers also have the option of configuring new cars on the website.

www.autohaus24.de

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

Press Contact:
Kirchhoff Consult AG
[email protected]