Strong Annual Results for DLL

03 Mar, 2016, 03:00 ET from DLL

EINDHOVEN, The Netherlands, March 3, 2016 /PRNewswire/ --

DLL, global provider of asset-based financial solutions, sustained its growth through the second half of 2015. The company's focus on partnerships, dedicated industry knowledge, balanced spread of activities across regions and robust risk management led to strong and healthy results.  

DLL recorded a net profit of EUR 525 (USD 582) million for FY2015, representing an increase of 15.6% in performance compared to FY2014. "This step forward is the result of our relentless focus on the customer and dedicated efforts in new business development across our industries," notes Bill Stephenson, CEO and Chairman of the Executive Board. Frans Overdijk, CFRO and member of the Executive Board adds, "Operational cost control and strong, thoughtful risk management also contributed to our excellent 2015 results. Our efforts in these two areas helped significantly lower our risk costs."

Portfolio growth 

In 2015, DLL experienced strong growth across all business lines and geographies and benefitted from currency effects. The result was an 8.5% year-over-year increase of the company's managed portfolio, which now totals EUR 37.5 (USD 40.8) billion. DLL's commitment to a global structure and segmented specialization was again validated in a challenging economic environment.  

Looking ahead

"2015 was a remarkable year in many ways," states Stephenson. "Not in the least because we were the first financial institution to be recognized by the Young Global Leaders of the World Economic Forum for providing financial backing to enable the circular economy to become mainstream. This recognition shows that the financial industry can play an integral role in creating a more sustainable world and economy. I am extremely proud of these achievements and every single DLL employee who has contributed to our success. Looking forward, we will remain committed to building new, sustainable, financial solutions - leveraging digital technology to continually improve the customer experience."


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