Leaseurope released its latest quarterly index report for Q3, which showed continuous improvement in a vast majority of key indicators compared to the previous quarter and same period in 2010.

The association said pre-tax profit of companies in its sample of 17 European leasing companies that participate in the survey increased by 26.9% compared to Q3 2010, improving by a slightly higher rate than in Q2 2011 (25.6%).

Leaseurope said the total value of new business granted by the reporting companies in Q3 2011 reached €19.44 billion ($25.85 billion), growing by 13.2% compared to Q3 2010 and demonstrating progress the leasing industry has made towards recovery.

To read the full text of the Leaseurope Index Q3/2011 PDF: click here.