Ayvens Targets 14 to 16 Percent ROTE in 2029 Strategic Roadmap

Ayvens has outlined its 2029 strategic plan, raising its medium-term financial targets following the integration of ALD Automotive and LeasePlan. The company targets a Return on Tangible Equity (ROTE) between 14% and 16% by 2029, up from its previous 13% to 15% range, alongside a Common Equity Tier 1 (CET1) capital ratio of approximately 12.5%.

Under the updated roadmap, Ayvens aims to expand its funded vehicle fleet by at least 3% between 2026 and 2029, focusing growth on retail leasing and light commercial vehicles (LCVs). The retail fleet is projected to reach over 900,000 units by 2029 from 780,000 units in 2026, while the LCV segment is targeted to grow 10% to exceed 580,000 vehicles over the same period.

To support profitability, the group plans to reduce its cost-to-income ratio from roughly 53% in 2026 to 49% by 2029 through process automation, artificial intelligence deployment, and procurement cost controls across its global fleet of 3.1 million vehicles. The company also projects expanding its used-car electric vehicle leasing fleet to over 100,000 units by 2029.