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In the crisis strengthened, equipped for the future – so the LeaseForce AG presents itself with graduation year 2010 at the beginning of March 2011 AGM CEO Max Kuhner shareholders 2010 presents the financial statements and reported by a healthy development of the company significantly above the industry average. Caution, concentration on core segments and quick business decisions based on an up-to-date business and risk analysis are the key to this success. Munich, March, 2011 – for the first time in the history of leasing in Germany the leasing investments has fallen significantly from 50,87 to 40,03 billion euros in 2009. The marginal growth in 2010 to 1.02 billion euros while hoping for a turnaround, but is not a big step to the old level. Considering the free and banks – and vendor-independent companies, among which the LeaseForce AG within the leasing industry as the Association of German leasing companies for 2010 still a decline in reported by 6.2% in the new business. The LeaseForce AG has developed significantly better compared to this sector. The new business has grown by 12% to the previous year.

The generated Rohertrage from the margins noticeably move over plan and reach even a positive variation of 15%. This positive development is due to whom or what, and what are the consequences? Max Kuhner, CEO and shareholder of the company, turns out some points that have led to this result. Almost at the beginning of the crisis the LeaseForce has adapted to the new challenges. All costs have been subjected to scrutiny and rearranged the already approved budget. From the currency, growth has been the leitmotif of receipt of substance, which significantly changed the risk assessment of business enquiries. Overall a shrinking process initiated this, which however significantly improved the financial and asset structure of the company. The sales focus was placed on lucrative niche markets where the volume business not has been completely excluded.

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