Ayvens 2029 Strategic Plan Raises Financial Targets

Ayvens Raises Medium-Term Financial Targets

The Ayvens 2029 strategic plan raises the company's medium-term financial ambitions following the integration of ALD Automotive and LeasePlan. Ayvens now targets Return on Tangible Equity (ROTE) of 14% to 16% by 2029, compared with its previous target range of 13% to 15%. The company also targets a Common Equity Tier 1 (CET1) capital ratio of approximately 12.5%. The updated financial objectives form part of a broader strategy focused on fleet expansion, improved operating efficiency, and growth in selected leasing segments. The plan also incorporates technology and cost-control measures intended to support profitability across its global operations.

Retail Leasing and LCV Fleet Set for Growth

Under the updated roadmap, Ayvens aims to increase its funded vehicle fleet by at least 3% between 2026 and 2029, with growth focused on retail leasing and light commercial vehicles. The retail fleet is projected to exceed 900,000 units by 2029, compared with 780,000 units in 2026. The light commercial vehicle segment is targeted to expand by 10%, reaching more than 580,000 vehicles over the same period. These targets indicate that Ayvens intends to concentrate fleet growth in segments identified as priorities while continuing to manage a global funded fleet that totals approximately 3.1 million vehicles.

Automation and AI Target Lower Operating Costs

To support its profitability objectives, Ayvens plans to reduce its cost-to-income ratio from approximately 53% in 2026 to 49% by 2029. The company expects process automation, artificial intelligence deployment, and procurement cost controls to contribute to the improvement. These measures will be applied across its global fleet operations as Ayvens seeks to generate greater efficiency while pursuing targeted fleet expansion. The strategy links technology investment and tighter cost management with the company's revised financial targets, making operational efficiency an important component of its plan to improve returns over the medium term.

Used EV Leasing Fleet to Expand

Ayvens also expects its used-car electric vehicle leasing fleet to exceed 100,000 units by 2029. The target adds a specific growth objective for used electric vehicles to the company's wider fleet strategy and complements its focus on retail leasing and light commercial vehicles. Expanding this part of the business will increase the number of used EVs included within the company's leasing operations as the 2029 plan progresses. Together with the broader fleet targets, the used EV objective demonstrates that Ayvens is incorporating electric vehicles into its medium-term leasing strategy while pursuing higher profitability and tighter operating costs.

Industry Impact & Outlook

Ayvens' revised plan places greater emphasis on profitable fleet growth, operating efficiency, and targeted expansion in retail leasing, light commercial vehicles, and used EV leasing. The higher ROTE objective indicates that the company expects these initiatives, combined with automation, artificial intelligence, and procurement controls, to improve financial performance through 2029. For the leasing market, the strategy highlights the growing importance of technology-enabled cost management and the expansion of electric vehicles within used-car fleets. The planned growth in LCVs and retail leasing also identifies the segments where Ayvens expects additional fleet scale to contribute most directly to its medium-term objectives.

Frequently Asked Questions

What are Ayvens' main financial targets for 2029?
Ayvens is targeting higher profitability and capital strength by 2029 through revised financial objectives and focused fleet growth. The company aims for Return on Tangible Equity of 14% to 16%, compared with its previous 13% to 15% target range. It also targets a Common Equity Tier 1 capital ratio of approximately 12.5%. Supporting measures include reducing the cost-to-income ratio from roughly 53% in 2026 to 49% in 2029 through process automation, artificial intelligence deployment, and procurement cost controls across its global fleet operations.