BH Leasing Announces 2024 Financial Results

BH Leasing has announced that its Board of Directors has approved the financial statements for the 2024 fiscal year. The net result stands at 3,900 Mtnd, a 26% increase compared to the 2023 fiscal year. As a reminder, the first half of the year resulted in a net result of 2,452 Mtnd, a figure that would have been adjusted considering the updated tax rate introduced by the 2025 Finance Law. Therefore, the actual improvement is even better than the reported figure.

The company continues to develop, benefiting from a favorable context and synergies with other entities within the BH Group. At this pace, it will turn the page on historical losses in 2025 and may distribute a symbolic dividend next year. For this year, the Board, which has decided to convene an Ordinary General Assembly on Thursday, April 17, 2025, has not proposed the distribution of dividends.

Since the beginning of the year, the stock has yielded a 20.66% return on the market. For those who appreciate medium-term investments, BH Leasing is a good deal. It still has potential thanks to its imminent return to shareholder remuneration. The expected decrease in interest rates in the coming months should not immediately affect an activity based on fixed rates. Leasing will remain a costly but appreciated financing method for its rapid execution and focus on vehicle rentals. Compared to banks, it is a less risky sector. The stock is worth keeping a close eye on.