DLL continued to grow its portfolio in 2024

Eindhoven, May 8, 2025 - DLL, global provider of asset-based financial solutions, today published its 2024 annual figures, reporting growth in net interest income and portfolio. The company’s portfolio reached EUR 47 billion (USD 49 billion), a growth of 7% compared to last year. All global business units contributed to this growth as well as DLL’s regions, except for Latin America, which had a very challenging year.

Net income grew to EUR 1.9 billion (USD 2.0 billion), representing 7% growth over 2023. Conversely, challenging economic conditions, especially in the Brazilian food and agricultural sector, led to higher impairment charges and a drop in net profit. DLL realized a net profit of EUR 407 million (USD  440 million) for 2024, compared to EUR 438 million (USD 474 million) in 2023.

New partners, customers and contracts

Chief Executive Officer and Chair of the DLL Executive Board, Lara Yocarini: “As an asset-based financing company, we finance equipment that enables the real economy to turn, and we proudly do so together with vendors and dealers all over the world who are passionate about their products and services. This year, our company financed many new and used assets, resulting in over 330,000 new retail contracts and 60 new vendor partnerships while we grew our customer base to almost 1 million. Our Net Promoter Score (NPS®) score further improved to +65, signaling that our partners are generally happy with the quality of our services and support.”

“In 2024, DLL faced heightened competition and regulatory changes,” shared Yocarini. “At the same time, we had to navigate an increasingly complex geopolitical macroeconomic landscape, and unprecedented impacts of extreme weather conditions that affected our members, partners and customers in Brazil, Poland, the U.S. and Spain. Our purpose of “Partnering for a better world” took on a broader meaning last year, with DLL and our members showing many acts of solidarity toward our partners and customers and I’m proud to report that we successfully set up four global fundraising campaigns. More than 55% of our total member base spent over 22,000 hours volunteering, and on top of that, our employee engagement score remained high at 79%, exceeding the industry benchmark.

Outlook

In 2025, DLL will remain firmly focused on reaching its goals of being the undisputed global leader in vendor finance, partnering to support the transition to a more sustainable world, and being a purposeful and inclusive place to work. Yocarini: “Together with our customers, partners, and members, we will need to navigate the volatile political and economic landscape carefully. But we are convinced that DLL is in good shape to continue delivering on its ambition of sustainable, profitable growth, while we will also accelerate our digital transformation, improving the speed, ease and convenience of doing business with DLL.”

Download the Annual Report 2024 here.