Ald Automotive A/S

Development during the financial yearThe company has reported another result in line with expectations and an increase in revenue of 4,7%. The total fleet grew by 6,9%, which is driven by renewals and re-leasing. Our position on the corporate and private market was strongly challenged by the lack of deliveries of new cars, but with a strong focus on extensions, we have been able to keep the business fleet fairly intact. At the end of the year, the total fleet was up to 28,584.Despite seeing an overall increase in expenses, we saw an increase in the gross margin in 2023 of 3,4% driven by a favorable used car market. Production costs have increased by 0,5%, sales costs have increased by 4,4% and administration costs have increased by 17,5%.Sale of used cars was positively influenced by stable demand and higher sales prices due to the lack of new cars in the market.Financial strength, a continued solid position on the market and a professional and agile organization allows ALD Automotive to prepare with confidence the needed adjustments to stay a leader in a fast-changing market.In January 2022, ALD Automotive was able to announce that a memorandum of understanding has been signed to acquire 100% of LeasePlan from a consortium led by TDR Capital. After obtaining clearance from the European Commission in November 2022 the acquisition was finally closed on 22 May 2023., Udvikling i regnskabsåretSelskabet har rapporteret endnu et resultat på niveau med forventningen og en solid fremgang i omsætningen på 4,7%. Den samlede flåde voksede med 6,9%, hvilket er drevet af forlængelser og re-leasing. Vores position på erhvervs- samt privatmarkedet blev stærkt udfordret af mangel på leverancer af nye biler, men med stor fokus på forlængelser har vi kunne holde erhversflåden nogenlunde intakt. Ved årets udgang var den samlede flåde oppe på 28.584.På trods af at vi har set en samlet omkostningsstigning så vi en stigning i bruttomarginen i 2023 på 3,4% point, hvilket er drevet af et gunstigt brugtvognsmarked. Produktionsomkostningerne er steget med 0,5%, salgs omkostningerne er steget med 4,4% og administrationsomkostningerne er steget med 17,5%.Salg af brugte biler var positivt influeret af stabil efterspørgsel og højere salgspriser grundet manglen på nye biler på markedet.Finansiel styrke, en fortsat solid markedsposition og en professionel og adræt organisation tillader ALD Automotive med selvtillid at forberede tilpasninger for fortsat at være en leder i et marked i hastig forandring.ALD Automotive kunne i januar 2022 meddele, at der er underskrevet et aftalememorandum om at erhverve 100 % af LeasePlan fra et konsortium ledet af TDR Capital. Efter at have opnået endelig godkendelse fra Europa-Kommissionen i november 2022 blev den endelige overtagelse gennemført den 22. maj 2023.