China Dvlp Bk Finl Leasing Co1606
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China Dvlp Bk Finl Leasing Co
Ayvens SAAYV
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Ayvens Unveils 2029 Strategic Plan With Upgraded Financial Targets
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Ayvens announced its Ayvens 2029 strategic plan, upgrading its financial targets as the PowerUP 2026 plan concludes with the integration of ALD and LeasePlan. The plan targets a Return on Tangible Equity of between 14% and 16% in 2029, up from between 13% and 15% under PowerUP 2026, and a CET 1 ratio of about 12.5% versus about 12% previously. Ayvens expects its cost-to-income ratio to improve by 4 percentage points to about 49% in 2029 from about 53% in 2026, and it raised its dividend payout ratio to between 50% and 60% plus return of excess capital, from 50% under PowerUP 2026. The group projects funded fleet growth of at least 3% between 2026 and 2029, with the retail segment growing 15% to more than 900,000 vehicles and the LCV segment growing 10% to more than 580,000 vehicles, while leased fleet CO2 is expected to fall from 101g/km in 2025 to 75-85g/km in 2029. Ayvens also projects annual funding volumes of EUR 1 to 2 billion in retail deposits, EUR 1 to 2 billion in securitization and EUR 2 to 3 billion in bonds, and said its Board of Directors, chaired by Pierre Palmieri, approved the plan on 18 September 2026.
China Dvlp Bk Finl Leasing CoAyvens SA