DLL has reported an annual net profit of €454 million for 2014, a 13% increase in net profit performance compared to 2013.

DLL’s managed portfolio increased by 10% from €31.5bn in 2013 to €34.5bn in 2014.

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In a statement, the Dutch lessor attributed its successes to the continuation of its lifecycle asset management scheme, whereby servicing and management of leased assets are provided as part of its product.

"In spite of a slower than expected economic recovery in many of our core markets, this strategy has enabled the company to grow its portfolio in a balanced way across all industry segments and the 36 countries in which we operate," says Frans Overdijk, chief financial & risk officer and member of the executive board.

Bill Stephenson, chief executive officer and chairman of the executive board said DLL’s successes relied on its commitment to customers and the economies they served.

"Our strategy to maintain our industry specialization, focus on operational excellence and our continued investment in our members is paying off. I am proud to see that the synergy of our actions strongly contributed to sustainable commercial success," said Stephenson.

Last December DLL was awarded ‘Product and Service Innovation of the Year’ at the Leasing Life conference and awards in Warsaw, Poland.