Grenkeleasing Ag Bdn New (GKSGF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Grenke Ag.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.497 Welcome and good morning, ladies and gentlemen, to our Q1 earnings call 2026. 00:00:06.497 -- 00:00:09.781 My name is Franziska Randt. I'm head of the IR department and I have the pleasure that 00:00:09.781 -- 00:00:12.884 today here with me is our CFO, Dr. Martin Pahl. 00:00:12.884 -- 00:00:13.925 Martin, welcome. 00:00:13.925 -- 00:00:15.466 Good morning. 00:00:15.466 -- 00:00:20.431 We will start with the presentation by our CFO and then right afterwards we will enter 00:00:20.431 -- 00:00:25.496 into our Q&A session. With that, I would like to hand over the call right away to 00:00:25.496 -- 00:00:27.419 Martin. Please go ahead. 00:00:27.419 -- 00:00:32.507 Thank you, Franziska, and also a warm welcome from my side for the 00:00:32.507 -- 00:00:37.935 first quarter results of 2026. I would like to start with the highlights 00:00:37.935 -- 00:00:42.983 of the past quarter. The first three months of 2026 were characterized by 00:00:42.983 -- 00:00:48.530 an unchanged, challenging macroeconomic environment and geopolitical tensions. 00:00:48.530 -- 00:00:54.059 This resulted in a still elevated insolvencies in many European countries 00:00:54.059 -- 00:00:58.385 as well as generally some reluctance to invest among SMEs. 00:00:58.385 -- 00:01:03.854 This environment made it all the more important for us to manage our business strategically 00:01:03.854 -- 00:01:09.763 with a focus on profitability, risk management and sustainable growth. 00:01:09.763 -- 00:01:14.891 Today I can say we are delivering. Firstly, our strict measures 00:01:14.891 -- 00:01:19.917 for cost discipline are positively affecting our cost-income ratio, while 00:01:19.917 -- 00:01:25.303 operating income continues to grow. Secondly, we achieved a good increase ...