Leasint, Italy’s second biggest lessor, has
seen an increase in profits in 2008, despite a decrease in new
contracts.
The Milan-based company, which was formed in
January 2008 with the merger of Sanpaolo Leasint and Intesa
Leasing, said its net profits were up by 36 percent to €111.6
million compared to the previous year.
It said it secured 18,000 new contracts,
totalling €5 billion, which however were down over 26 percent
compared to January 2007.
 
Leasint, which has over 35 years of experience in the Italian
market, last year maintained a market share close to 13
percent.

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