Slovenian lessor VUB Leasing posted a loss of €5 million in the
first half of 2009, compared with a profit of €1.4 million in the
same period last year.
VUB Leasing said that it had not reached the planned volume of
deals, which had a direct impact on revenue; but that it was
hopeful that it would fulfil its business plan in the next six
months.
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The lessor signed new contracts worth €44.5 million, around half
of what it signed in the same period last year.
Of this new business, financial leasing fell particularly
strongly, by 63 percent, to €26.3 million. This was especially felt
in vehicle, machine and equipment financing, VUB Leasing said.
Jason T Hesse
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