Ayvens net income rises 38.5% in Q2 2025

Ayvens has reported a strong second quarter performance for 2025, highlighting solid financial momentum and continued progress in its PowerUP 2026 strategic transformation.

Net income group share rose 38.5% year-on-year to €271 million, while Return on Tangible Equity (ROTE) increased to 13.7%. Earnings per share also saw a significant 42.4% jump to €0.30. The Group’s cost-to-income ratio improved to 57.6%, reflecting successful integration efforts and cost control measures.

CEO Tim Albertsen expressed satisfaction with the results, noting, “This marks a robust and satisfying first half, achieved despite a generally subdued economic environment. We are successfully reinforcing our capabilities to serve the growing retail market, directly under the Ayvens brand – a key strategic focus for us.”

Ayvens also reported that its PowerUP 2026 strategy is progressing according to plan, with integration efforts completed in 14 of 21 overlapping countries and synergy benefits gaining traction. Synergies rose to €86 million in Q2 2025, more than tripling from the previous year.

Despite a slight year-on-year decline in fleet size due to portfolio reviews and restructuring in select markets, Ayvens maintained stable earning assets at €52.9 billion. EV penetration continued to rise, reaching 43% of new passenger car registrations.

As part of a planned leadership transition, Tim Albertsen announced he will retire as CEO on 1 December 2025, with Philippe de Rovira set to take over.

“It has been a privilege to lead Ayvens through this unique journey,” Albertsen said. “I have every confidence in Philippe and the leadership team to continue delivering on our strategic and financial roadmap.”