Germany’s BFL Leasing saw a 2.2 percent
increase in new business last year. The IT lessor, which is part of
the VR Leasing Group, increased its new production from €307
million to €314 million.
Because of a reduced business in IT leasing,
the company also managed to increase its market share from 7.7
percent in 2008 to 8 percent in 2009, and said it accepted 90
percent of new leasing applications.
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After tax profit increased 29.5 percent to
€37.8 million, the lessor said.
Reiner Geissel, the company’s MD, said that
the results proved that BFL has been able to weather the financial
crisis and that it continues to be a strong and healthy
company in the German scenario.
Last year, the IT lessor signed partnerships
with a number of IT specialists including Canon, Hitachi, Soenneken
and SYNAXON, the European network of independent IT dealers.
Antonio Fabrizio
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