- Alquiber, a leader in the flexible vehicle leasing business, continues its unstoppable national expansion with the opening of its second location so far in 2020, this time in Badajoz.
- Alquiber is thus expanding its range of services to Extremadura for large companies, small and medium-sized enterprises, and self-employed professionals who need commercial and isothermal vehicles to run their businesses, bringing the total number of the company’s dealerships throughout Spain to 19.
Madrid, January 27 – Just a few days after the opening of its first location of 2020 in Oviedo, Alquiber has once again demonstrated its commitment to bringing its successful business model to large companies, SMEs, and self-employed professionals throughout Spain. The opening of the company’s first office in Extremadura, located in Badajoz, brings the total number of Alquiber offices on the Iberian Peninsula and the Balearic Islands to 19 (Barcelona, Bilbao, Burgos, Madrid (Fuenlabrada and Valdemoro), Málaga, Murcia, Santander, Seville, Valencia, Valladolid, Vigo-Pontevedra, Lleida, A Coruña, Tarragona, Zaragoza, Palma de Mallorca, Oviedo, and Badajoz). This impressive network aims to support the business growth of large companies, SMEs, and self-employed professionals, regardless of where they operate, by managing their mobility in a sustainable and efficient manner, with a special focus on vehicle customization and personalized service.
The services offered by this branch—Alquiber’s first in Extremadura—will focus, as with the rest of its locations throughout Spain, on flexible leasing of industrial, commercial, isothermal, and refrigerated vehicles for companies in a variety of industries and sectors , including the electric power, construction, wind energy, forestry, and agricultural sectors, among many others.
The new branch in Badajoz, covering more than 1,000m² and located in Building 2 on National Highway V, km 399, No. 8 in Badajoz, will offer its new customers the company’s entire fleet, including passenger cars, small vans (2-, 3-, and 5-seaters), medium and large vans (3-, 6-, and 9-seaters), pickup trucks, trucks, SUVs, off-road vehicles, isothermal vehicles (vans, cargo vans, trucks), hybrid, LPG, or CNG passenger cars, and electric vehicles, as well as any type of industrial or commercial vehicle requested 365 days a year.
In addition, from its new base in Extremadura, Alquiber will promote new mobility models by offering its customers a variety of electric and gas-powered vehicles , which will meet their business needs in the cleanest way possible—all while providing the usual benefits of Alquiber’s flexible leasing program: total cost control, thanks to a fixed monthly payment with no surprises; flexibility to return vehicles early without penalty; and comprehensive vehicle customization (roof racks, tow balls, trailers, cargo baskets, insulated boxes, etc.) handled by Alquiber’s own specialists, among other benefits.
Alquiber is a Spanish company founded in 2000 and a leader in the flexible leasing business, serving large companies, SMEs, and self-employed professionals who need vehicles—whether industrial or commercial—to carry out their business plans. In July 2018, Alquiber began trading on the Alternative Stock Market (MAB) in the Expanding Companies segment, making growth the company’s main driver, both in terms of expanding its fleet and opening new branches. The company’s current market capitalization stands at €33.13 million.
In the first half of 2019, the company had a fleet of 8,232 vehicles, representing a 22% increase compared to the same period in 2018. Sales grew by 26%, reaching 24M€. Operating profit (EBITDA) rose by 30% during the period, reaching nearly €13 million. The EBITDA margin for the first half of the year rose to 54%, up from 53% at the end of 2018. Operating investments in the first six months of 2019 totaled €25M, primarily for the opening of new locations.
