World Leasing Yearbook
Official release of the Leaseurope Ranking of Top
Brussels, the 16th of June – a record 189 top European leasing companies in the 2004 Leaseurope ranking survey.
Leaseurope, the European Federation of Leasing Company Associations, is pleased to present its fourth consecutive ranking of Top European Leasing Companies. In the aim of improving the visibility of European leasing companies and promoting leasing as an accessible and favourable source of finance, the ranking is released to the public at large for the second year in a row.
In the Leaseurope Ranking, European leasing companies are ranked once a year according to the total value of their new contracts. Figures shown below represent the new production of parent companies on a consolidated basis for 2004.
This year, 189 organisations in total responded to the survey, out of which 72 are parent companies, located in 27 different countries (both EU and non-EU member states). The companies presented in the ranking are members of the 27 national leasing associations covered by Leaseurope, which in turn represent more than 1,200 European leasing companies. Grouped together within the Leaseurope Federation, these national associations represent more than 92% of the entire European leasing market.
With 130 Billion € worth of new contracts, the companies surveyed represent about 70% of the total 2004 Leaseurope market. The top ten companies of the 2004 ranking account for 49% of the value of new contracts included in the survey and for 28% of the total Leaseurope market.
It is important to note that the ranking is based on data provided on a voluntary basis by the companies themselves and that the released figures cover European activities only. All data provided has been submitted to the Leaseurope member associations for confirmation. As with the previous surveys, additional validation steps have been carried out to ensure the consistency and objectivity of the ranking.
The results of the ranking combined with the yearly European leasing statistics published by Leaseurope once again demonstrate the continued success of leasing as a means of finance. Mr Alain Vervaet, Chairman of Leaseurope, drew attention to the fact that “in spite of slowing investment rates and a generally sluggish economic climate, leasing has continued to grow in importance for a wider range of users”.
In 2004, Leaseurope members financed approximately 15% of gross fixed capital formation in Europe and Leaseurope estimates that the total new leasing production in Europe represents about 20% of all investment made during the course of last year.
First let me take this opportunity to thank you for publishing Leaseurope's ranking in Leasing News. We greatly appreciate this increased visibility among your readers. The contacts however should be as follows: