DLL's Diversified Global Footprint and Focus on Partnerships Continues to Strengthen Market Position

Eindhoven, The Netherlands (ots/PRNewswire) - De Lage Landen (DLL),
global provider of asset based financial
solutions, today announced its half year figures. "Our results for
the first half of 2014 continue to validate the primary pillars of
our strategy, including our partnership focus, global footprint,
specialized asset knowledge and operational efficiency,"said Bill
Stephenson, CEO and Chairman of the Executive Board.

DLL, a wholly owned subsidiary of Rabobank, reported net profit of
EUR 225 million ($ 308 million) for the first half of 2014. On a year
over year basis, this represented an increase of 8.2% in net profit
performance compared to the first half of 2013. "Despite a slower
than expected economic recovery in many of our core markets, we have
been able to grow our portfolio in a balanced way, building on
diversification and continued strong risk management," noted Frans
Overdijk, CFRO and member of the Executive Board.

Focus on partnerships

"What matters to DLL is understanding the heart and soul of our
partners and the needs of their businesses. By understanding the
challenges they face in their markets, their short-term opportunities
and long-term ambitions, we are able to find new solutions to
changing finance and service needs which ultimately benefit our
customers," Stephenson adds. "This has allowed us to grow our leasing
portfolio in the first six months of 2014 by 4.5% to EUR 31.3 billion
($ 42.8 billion)."

The growth of the leasing portfolio was well distributed across the
entire global network of DLL, which encompasses offices on 4
continents and in 36 countries. "We were also pleased to see this
portfolio growth was well balanced across all of our industry
segments," added Stephenson. DLL boasts active partnerships with
equipment suppliers and customers in Food & Agriculture, Healthcare &
Clean Technology, Construction, Industrial & Transportation, Office
Technology and Mobility (Automotive). Furthermore, DLL will continue
to provide leasing products and services to Rabobank customers in The
Netherlands and offers consumer finance solutions in the Netherlands.

"In looking at the second half of 2014, we will continue our
commitment to strengthen partnerships, maintain our industry
specialization, and continue our ongoing investment toward
operational excellence," concluded Stephenson.

http://www.delagelanden.com

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