ots Ad hoc-Service: GRENKELEASING AG GRENKELEASING AG's new business grows 63,1 % in the first nine months 2000, compared to the previous year

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    Baden-Baden (ots Ad hoc-Service)

    Baden-Baden, October4, 2000 -

    GRENKELEASING AG managed to close the first nine months 2000 with a result of Euro 124m (DM 242.5m) new business, (nine months previous year: Euro 76m (DM 148.7m). New business - i.e. sum total of acquisition costs for new leasing contracts.

    This rate of growth, which considerably outperformed expectations, can be attributed to all distribution channels. The growth seen by Grenke's foreign branch offices (396 %) and its Internet subsidiary weblease (171,8 %) was particularly strong (outperforming nine months 1999 in both cases).

    The company intends to publish its financial nine months statement on November 14, 2000.

    The chart to the development of the new business of the years 1997 until September/2000 you find on our Hompage -

    The Board of Management

    Contact Details: GRENKELEASING AG, Rheinstrasse 219, 76532 Baden-Baden Renate Hauss Phone: +49 (0) 7221/5007-204 Email: Internet:

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Original-Content von: GRENKELEASING AG, übermittelt durch news aktuell

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