Freetrailer hits a new record with 114.041 rentals in July

Freetrailer Group A/S reached an important milestone in July by surpassing 100,000 rentals in one month
 

NEWS

Published: 01-08-2023

Freetrailer Group A/S, a pioneer in the field of sharing economy services, reached an important milestone in July by surpassing 100,000 rentals in one month. With 114.041 rentals in July, Freetrailer achieved a growth in rentals of +35 per cent compared to July 2022*, which shows a continued increase in interest and a solid and sustained user demand for Freetrailer's trailers and electric cargo bikes.

In particular, a significant increase in the number of rentals in Sweden and Norway drove the growth in July.

In week 30, Freetrailer broke weekly records in all four markets - Denmark, Sweden, Norway and Germany. In total, Freetrailer achieved 27,081 rentals in week 30.

The increasing demand can be attributed to a large roll-out of new rental products in recent months as well as a historically high level of customer satisfaction, which leads to the increased number of customer usage of the Freetrailer service.

"We are very proud of July's rental figures and high user satisfaction. Creating a great customer experience is essential to our success. Our goal is to continuously create the best rental service for the benefit of our customers and partners. With more than 700 rental products in the pipeline to be rolled out by the end of the year, we are also looking positively into 23/24", says Nicolai Frisch Erichsen, CEO of Freetrailer Group.

On 31 August 2023, Freetrailer Group A/S will publish its full-year report, where the final figures for the financial year 2022/2023 will be presented as well as the company's expectations for 2023/2024.

* 84,181 rentals in July 2022