Lease Index Logo

Menu:

View from the Industry

Marie-Christine Ducholet, CEO of Societe Generale Equipment Finance:

“While the second half of 2016 was more challenging for European leasing companies than the first, our industry finished the year in a solid position. For the most part, European lessors recorded encouraging growth in both new business volumes and in their portfolios. There was also a notably resilient performance in profitability and return on equity for the typical leasing company, despite increased competition and a squeeze on margins. Our industry goes into 2017 facing a generally favourable economic climate. As the European Commission has pointed out in its Winter Economic Forecast, all EU economies are forecast to grow in 2017 . In addition, our industry can benefit from an expected pickup in activity in the real economy resulting from the Investment Plan for Europe as well as continued low financing costs. European lessors weathered the storm well in 2016, we are confident 2017 will bring more opportunities for development."

Save

Participating Companies

ABN AMRO Lease
ALD Automotive
Aldermore
Alphabet
Arval
Iccrea BancaImpresa
BNP Paribas Leasing Solutions
Caterpillar S.A.R.L.
Credit Agricole Leasing & Factoring
De Lage Landen
DnB Finans
Hitachi Capital UK
Investec
ING Lease
LeasePlan
Lombard
Mediocredito Italiano
Nordea Finance
UniCredit Leasing
Siemens Financial Services
Société Générale Equipment Finance
UBI Leasing
Xerox Financial Services - Europe

Save
For more information about the Leaseurope index, please contact Hayley McEwen

Leaseurope Index


The Leaseurope Index is a unique quarterly survey of European leasing and automotive rental companies. In addition to volumes and portfolios, the survey tracks cost/income, profitability, cost of risk, return on assets and return on equity ratios.

The results of the Leaseurope Index for Q4 2016 can be accessed here.

Leaseurope has an additional supplement to the regular Index, namely the Segment Survey. This annual report shows profitability, cost/income, cost of risk and return on asset ratios for each of four asset types. These asset types are equipment, real estate, passenger cars and commercial vehicles.

NEW! The results of the Segment Survey for 2016 can be accessed here.

About the Leaseurope Index

Who conducts this survey?

Leaseurope conducts this survey. Individual companies report their figures for each indicator to Leaseurope, which aggregates the results on a confidential basis.

What is the purpose of this survey?

The purpose of the Leaseurope Index is to provide timely and regular information on the European leasing and automotive rental market. This is the only survey to report statistics on both volume of business and value creation metrics at European level.

What indicators are covered by the Leaseurope Index?

Please click here for definitions of the 7 key performance indicators.

Please click here for definitions of the 4 asset categories.

Which companies take part in the survey?

23 companies participate on a voluntary basis (see box on the right). This sample is broadly representative of the European market in terms of geographic coverage and asset coverage. The sample represents a significant share of the total European leasing market. Please see the Leaseurope 2015 Ranking Survey for more information about European leasing companies.

How should the survey results be interpreted?

The survey tracks trends in key performance indicators at European level. The results are only presented in aggregate and no inferences can be made about any individual company’s performance based on this aggregate data.

Extreme care should be taken in comparing individual company performance with the Leaseurope Index, which spans a sample of lessors active in different market segments. For example, the sample includes general leasing companies, automotive lessors, captive equipment vendors etc. The companies in the sample are also active in different geographic markets.

Please note that the results of the Segment Survey may not be directly comparable to the Leaseurope Index Quarterly Survey. Various assets that are included in the Quarterly Survey results and which do not fit into one of the four categories used in the Segment Survey, such as renewable energy or big ticket assets, may not be taken into account in the Segment Survey results. Various costs and incomes related to international co-ordination of the business may also not be included, as they can be difficult to allocate to different asset types. In some cases the company figures for each asset type are estimates. For instance, if financial indicators split by assets include a variety of products, then the portion attributable to leasing needed to be estimated. Equally, if asset splits were only available for the total automotive portfolio, then the split by passenger cars and heavy commercial vehicles had to be estimated in some cases.

For this survey, Leaseurope aggregates self-declared information. Though the Leaseurope Secretariat monitors the plausibility of the data, this is not audited data. As such, the Leaseurope Index should only be used for indicative purposes and care should be taken in interpreting the results.

Although the sample is broadly representative, care should be taken in making inferences about market trends for the industry as a whole.

What is the geographic scope of this survey?

Consolidated figures are reported for the entire European activities of the participating companies.

Europe is defined in the widest sense as EU27 + EFTA + other countries e.g. Turkey, Ukraine, Russia, Serbia, Croatia etc.

Each company reports figures in euro regardless of which countries they operate in or which currencies they report in.

What is meant by “leasing”?

The term “leasing” is used in its broadest sense, covering hire purchase, finance and operating leasing which includes long term rental. Leasing is defined according to International Financial Reporting Standards (IAS17).

When will the next Leaseurope Index results be released?

The quarterly survey is conducted on a quarterly basis. For future editions of this survey, Leaseurope aims to publish the results on this website within eight weeks of the close of quarter.

The segment survey is conducted on an annual basis. For future editions of this survey, Leaseurope aims to publish the results on this website during April each year.


Disclaimer


Please note that the information contained in the Leaseurope Index is of a general nature. Nobody should act upon such information without first seeking appropriate professional advice and after a thorough examination of a particular situation. Neither Leaseurope nor participating companies can be held responsible or liable for any losses or damages of any kind arising out of or in connection with the use of the information contained in the Leaseurope Index.