Leaseurope/Invigors: European Lessors Remain Bullish in H2/14



Leaseurope, the representative body of the European leasing and automotive rental industry, together with Invigors EMEA have published the results of the latest biannual Leaseurope/Invigors European Business Confidence Survey.

These results confirm the optimism evident at the beginning of the year, with many of the survey’s measures showing continued improvement from the previous survey conducted in December 2013.

The outlook for new business volumes over the coming six months is particularly positive, with 90% of those surveyed expecting new business volumes to increase, while just 2% anticipate a decline. Expectations on the level of bad debt remain at a similar level to the previous survey with the majority of participants (62%) forecasting that bad debt will remain unchanged over the coming six months. Similarly, 57% expect no change in margins, while 29% predict that margins will decrease in their organizations, the same as in the previous survey. The results also show over 58% of survey respondents forecast that net profits for their business will increase over the same period, again a similar percentage to that recorded last December.

Industry expectations on a number of key indicators covering service levels, expenditure and staffing also indicate improvements for the second half of 2014, and over half of respondents (57%) said that their organizations are targeting expansion. Growth was focused on asset classes such as vehicles, agriculture and technology as well as geographic expansion within and outside of Europe.

Invigors EMEA partner Richard Ryan adds, “Business sentiment in the European asset finance industry remains bullish as the economic outlook and business finances continue to improve. Nearly 70% of respondents in the June survey are more optimistic about the prospects for the next six months, up from 60% last December. A further 26% felt that these were unchanged, while only 5% thought that their business prospects would worsen.”

Invigors EMEA is a specialist international provider of equipment leasing and asset finance advisory services and part of The Alta Group.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com