Results 2007

Alphabet looks back on a record-breaking 2007, which saw the company grow by 55,6% to a total of 279,843 units under management. The company also realised expansion plans for new markets as well as improved customer service offerings.

Alphabet, the multi-make fleet service provider, announced that it experienced above average growth of 55,6% over the last year (33% average over the last five years). Alphabet’s Total Units under Management grew continuously throughout 2007. At the end of the year, Alphabet had a total of 279,843 units under management. Both, the ongoing organic growth and the acquisition of LHS Leasing- und Handelsgesellschaft mbH and DSL Fleetservices GmbH played a significant role in the increasing results in 2007. Adjusted for the extraordinaries, the organic growth was by 21,2%. This merger made Alphabet a Top 10 European fleet service provider and Top 3 German fleet service sector.

Alphabet’s growth was also helped by expansion into two new markets: Mexico and Denmark (2nd Quarter and 3rd Quarter 2007 respectively). Mexico was Alphabet’s first steps in the Americas. The company is also set to continue its focus on sustainable fleet management (including fuel management, driver management, and total cost management) to help customers operate international fleets that save total costs, improve productivity, attract employees, and generate a positive corporate image.

Karl-Heinz Kral, Head of Alphabet, said: “2007 we have worked very hard to provide customers with sustainable solutions which remain efficient and economic. At the moment we develop a tool that enables fleet managers to calculate and to quantify a fleet’s sustainability. All sustainability aspects are integrated into this new Alphabet tool. Thus, Alphabet will help fleet decision makers to reduce both car fleet spending and carbon footprint and thereby achieve a sustainable fleet. It leads to real-term savings for both clients and the environment.”