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[BUSINESS] · France · 2 sources

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Ayvens announces 2029 strategic plan with upgraded financial targets

Ayvens has announced its 2029 strategic plan, which includes upgraded financial targets following the integration of ALD and LeasePlan. The company aims to achieve a Return on Tangible Equity (ROTE) between 14% and 16% by 2029, up from the 13% to 15% target previously set in its PowerUP 2026 plan.

Other key financial objectives include reaching a CET 1 ratio of approximately 12.5% and improving the cost-to-income ratio to roughly 49%. The company also plans a dividend payout ratio between 50% and 60%, alongside the return of excess capital.

On the environmental front, Ayvens intends to support clients in reducing fleet emissions, targeting a decrease in leased fleet CO2 from 101g/km in 2025 to between 75g/km and 85g/km by 2029.

Entities

ALD · Ayvens · LeasePlan · Philippe de Rovira

Sources

ALD (EPA:ALD) | [www.webdisclosure.com]