This is the objective reached by Arval, an international role model in Operational Leasing and Corporate Fleet Management. For its 15th anniversary, the Group recorded two-digit growth in its leased fleet in 2004.
The results speak for themselves. Arval is the leading leasing company in France and ranked 2nd in Europe with, at the end of December 2004, a total managed fleet of 601 954 vehicles in Europe and presence in the five continents via its entities and partner network. Arval’s leased fleet, up 12% over the past 12 months, totalled 432 868 vehicles at the end of 2004.
The Group also increased its market share in almost all its locations, with growth particularly strong in the Netherlands following its takeover of Arma.
For several years, Arval has been demonstrating continued growth despite a rather unfavourable economic context as a result of its high performance in its expansion policy (opening entities and external growth) and its ability for being innovative in the products and services it offers to customers.
Such results are also achieved by being attentive to the customer’s needs with a true ability for creating long-lasting customer relations.
In France, Arval is undeniably in the lead amongst leasing companies as well as multibrand operators on the French market with a market share of 18%. Growth in its leased fleet, totalling 163 392 vehicles, increased by 4.7%. The total fleet managed by Arval totalled 186 860 units at the end of 2004, up 2%.
The year 2004 is expected to be in line with 2004. Arval now expects to pursue growth and foresees further development in its activity, particularly geographically, by setting up new entities.