Core Insights - Ayvens reported a net income group share of €273 million ($314.9 million) for Q3 2025, reflecting an 85.9% increase compared to Q3 2024 [1] - The company attributed its strong performance to higher margins, steady used vehicle performance, and reduced operating costs [1] - Gross operating income for Q3 totaled €851 million, marking a 17.6% rise year-on-year [1] - Combined leasing and services margins reached €776 million, up 20.1% from the previous year [1] Financial Performance - Diluted earnings per share increased to €0.30 in Q3 2025, compared to €0.15 in Q3 2024 [2] - Shareholders' equity at the end of June 2025 was €10.7 billion, up from €10.4 billion [2] - The overall fleet was reported at 3.200 million vehicles, a decrease of 3.7% over the past 12 months [2] - Electric vehicles accounted for 37% of new passenger car registrations in Q3 2025, down from 39% in the same period last year and 43% in Q2 2025 [2] Strategic Developments - CEO Tim Albertsen announced a €700 million exceptional distribution to shareholders, emphasizing the company's commitment to creating shareholder value [3] - The execution of the PowerUP 26 strategic and financial roadmap is progressing in line with the company's ambitions, with improvements in profitability and cost efficiency [3] - Mark Stephens stepped down from his position as a board member effective October 30, 2025, following a share sale by the Lincoln consortium [3] Management Changes - Roderick Jorna has been appointed as chief remarketing and asset management officer while retaining his role as chief people officer and executive committee member [4]

URA Ventures Limited, trading as GKL Leasing, has acquired 100 per cent of the shares in Total Motion Limited (TML), effective 22 October 2025, for an undisclosed amount. Both companies are authorised by the Financial Conduct Authority for regulated activities. The deal establishes a partnership between two family-owned vehicle leasing businesses. According to GKL, the arrangement will allow both firms to “benefit from the best practices of each” while maintaining a focus on customer relationships and ser ...

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of EnjoyGo Technology Limited 享道出行（上海）科技股份有限公司 (the "Company") (A joint stock limited company incorporated in the Peop ...

The Italian Competition Authority has levied a fine of €5m ($5.8m) against ALD Automotive, a global long-term car leasing company. The penalty comes as a result of the company's reportedly unfair commercial practices related to the handling of customer charges for vehicle damage during the rental period. ALD Automotive, a subsidiary of the Société Générale Group since 2001, has been deemed to provide consumers with incomplete and unclear information about an optional paid service. This service, which a ...