BROKER funder Leasys – a JV equally owned by Stellantis and Crédit Agricole Consumer Finance – celebrated its first birthday since the consolidation with the former F2M Lease.
The funder said total sales revenues increased by 15% to € 1.9bln (£1.63bln) while its managed fleet increased by 5%, reaching 870,000 vehicles across the EU.
Leasys said this fleet increase – in both captive and multifunder lines – put it on course for its 1 million vehicle target set to be achieved by 2026.
Rolando D’Arco, Group CEO, stated: “2023 was a key year for Leasys, as we managed to deliver successful results in a context of historical change, related to the completion of the consolidation process between Leasys and Free2Move Lease. In a rather mutable macro-economic environment, these very positive results, represent a testament to our capabilities as well as a concrete step towards our future ambitions.”
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
