2022 Full Year Results
CPBS - Specialised Businesses - Arval & Leasing Solutions - 2022
Very strong performance and positive jaws effect
•
•
•
Arval
Very good growth in the financed fleet (+8.3%¹ vs. 31.12.21) and continued
very high used car prices
Targeted acquisitions & new partnerships: acquisition of Terberg Business
Lease (38k vehicles) in the Netherlands, takeover of BCR2 business in Romania
(3.5k vehicles) and implementation of the agreement Jaguar Land Rover
Strong increase in flexible mobility solutions (55k vehicles, +48.0% vs.
31.12.21) and already 7,800 users of the mobility app. (+178% vs. 31.12.21)
Leasing Solutions
Increase in outstandings (+3.9% vs. 2021) and good resilience in
business activity
New partnerships and financing of the energy transition: Eaton Industries
Manufacturing GmbH (energy management) and Arcelor (electric vehicle
recharging stations)
Revenues: €3,438m
(+28.5% vs. 2021)
• Very good performance at Arval (very high
level of used car prices)
• Good growth at Leasing Solutions with the
increase in outstandings
Operating expenses: €1,395m
(+7.4% vs. 2021)
• Very positive jaws effect (+21.1 pts)
Arval: a balanced
distribution in revenues
margin
Financial
Used car
sale
29% 45% margin
Services
margin
26%
2022 revenues
Leasing Solutions:
acknowledged expertise4
AWARDS
THE JOURNAL FOR ASSET FINANCE
LEASINGLIFE
EUROPEAN LESSOR OF THE YEAR
2011, 2014, 2016, 2017, 2020, 2021, 2022
THE MURA SEED NANGE
LEASINGLIFE
BEST ENERGY TRANSITION FINANCING PROGRAM OF THE YEAR
2022
AWARDS
gop
Pre-tax income: €1,957m
(x 1.6 vs. 2021)
1. Increase in the fleet at the end of the period in thousands of vehicles, +5.5% excluding the acquisition of Terberg Business Lease and BCR; 2. Erste Group;
3. At constant scope and exchange rates; 4. Leasing Life Conference & Awards 2022
BNP PARIBAS
The bank for a changing world
2022 Full Year Results | 38
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