Italy’s third largest leasing company Ubi
Leasing increased its market share in 2009, despite a fall in
volume and profit.
The Brescia-headquartered lessor, which is
part of Ubi Banca, recorded a new business volume of slightly more
than €2 billion, 25 percent down compared with the previous year.
Net income was €11.6 million, down from €43.8 million in 2008.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
But its market share increased around 1
percent to 7.94 percent, the company said. The number of contracts
last year was 10,653 and the average value €194,802.
Real estate leasing still represented more
than half of Ubi Leasing’s business (with €1.2 billion of new
business).
The lessor said it had a growth in renewable
energy business, totalling €148 million.
Antonio Fabrizio
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
