Business trend
€420 million in long-term lease and rental agreements were concluded in fiscal 2008 (prior year: €367 million). Jungheinrich sales from every third truck in Europe were thus generated through financial service transactions (leases, rentals, etc.). Nearly 70 per cent of the new contract volume was allocable to countries in which Jungheinrich has proprietary leasing companies. By the end of 2008, the volume of contracts on hand in Europe had risen by 11 per cent to approximately 93 thousand trucks (prior year: 84 thousand units). This corresponded to an original value of €1,451 million (prior year: €1,332 million).
Key figures for the financial services business
| in million € | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| Original value of contracts on hand | 1,451 | 1,332 | 1,175 | 1,114 | 1,055 |
| Original value of new contracts | 420 | 367 | 290 | 292 | 266 |
