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February 19, 2015updated 12 Apr 2017 3:54pm

Leaseurope: 84% of European lessors anticipate growth in 2015

European leasing industry players are expecting business volumes to increase in the first half of 2015, according to a business confidence survey by European leasing trade association Leaseurope and leasing consultancy Invigors EMEA.

By Sotiris Kanaris

European leasing industry players are expecting business volumes to increase in the first half of 2015, according to a business confidence survey by European leasing trade association Leaseurope and leasing consultancy Invigors EMEA.

More than four in five (84%) lessors expect growth in new business volumes, while only 7% anticipate a decline.

The survey conducted in December 2014, found positive expectations among lessors regarding net profits. 63% of survey respondents forecast that net profits for their business will increase over the next six months, a small increase on that recorded last June.

Expectations on the level of bad debt are at similar levels to the previous survey with the majority of participants (62%) forecasting that bad debt will remain unchanged over the coming six months.

In terms of margins, just over half (52%) of respondents expect no change, whereas 31% predict that margins will decrease in their organisations.

Invigors EMEA partner Richard Ryan said: "Despite some uncertainty, the outlook for the European economy remains generally positive and this is reflected in the findings of the latest survey. After a strong performance in 2014, business sentiment suggests that the industry is set for a good start to 2015."

There were between 100 and 150 responses to the survey. Leasing Life contacted Leaseurope regarding the exact number and it will be updated shortly.

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