Fleet leasing
leviathan LeasePlan has posted a 51% increase in net profit for the
first half of 2011.
The Dutch-based fleet lease
and management company’s interim results for the first half of the
year revealed net profit of €136m (£120m) to 30 June compared with
€90m for the same period last year.
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Vahid Daemi, chairman and
chief executive of LeasePlan, said solid growth in profit was
testament to the strength of the business against a back drop of a
global economy which continues to present challenges.
The first half net profit
represents a record six month result for the company higher than in
2010 and 2009.
The company saw modest growth
of 0.26% in global fleet numbers, just 3,326 new
vehicles.
However, LeasePlan reported
nearly 10,000 additional unit sales of its full service fleet
management offering in the first six months of the year.
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By GlobalDataThe reason for this large increase was attributed to the
continuing global trend towards outsourcing fleet management as the
favoured method of achieving company provided transportation
needs.
