Ayvens Reports Solid Q2 Results with Improved Cost-to-Income Ratio

Stable Financial Performance Amidst Challenging Conditions

Ayvens, a leading global sustainable mobility provider, has released its financial results for the second quarter of 2024, showcasing strong performance amidst challenging market conditions.

Improved Cost-to-Income Ratio

Ayvens' Cost-to-Income ratio has significantly improved, with underlying margins increasing to 539 basis points (bps) compared to the previous quarter. This positive trend is attributed to the company's ongoing efforts to optimize operational efficiency and control costs.

Stable Leasing and Services Margins

Despite a slight decline in leasing and services revenues, Ayvens maintained stable margins in these segments. The company's long-term contracts and diverse revenue streams provided resilience and stability during the quarter.

Broad Global Presence

Ayvens' unique global presence with direct operations in 42 countries has allowed it to leverage market opportunities and mitigate risks. The company's diverse geographic footprint contributes to its financial stability and growth prospects.

Q2 2024 Financial Highlights

• Net income group share of EUR189 million
• Stable leasing and services margins
• Improved Cost-to-Income ratio

Ayvens' solid Q2 2024 performance demonstrates the company's resilience and ability to navigate challenging market conditions. The improved Cost-to-Income ratio and stable margins position Ayvens well for continued growth and profitability in the future.

For more information on Ayvens' financial performance, please refer to the company's official financial reports.