Brief: Aramis Group H1 Operating Loss Narrows To 7.8 Million Euros

Aramis SA

24/05/2023 16:45

May 24 (Reuters) - Aramis Group SAS  ARAMI.PA :
    * H1 REVENUE OF EUR 940.8 MILLION, UP +7.8% COMPARED TO H1
2022
AND STABLE EXCLUDING ACQUISITIONS
    * H1 NET LOSS EUR 12.6 MILLION VERSUS NET LOSS EUR 20.3
MILLION
YEAR AGO, -38%
    * H1 OPERATING LOSS OF EUR 7.8 MILLION VERSUS OPERATING LOSS
EUR
17.9 MILLION YEAR AGO, -56.3%
    * H1 GROSS MARGIN AMOUNTED TO EUR 95.3 MILLION VERSUS EUR
95.2
MILLION YEAR AGO
    * H1 ADJUSTED EBITDA POSITIVE AGAIN AT EUR 1.0 MILLION
VERSUS EUR
2.9 MILLION YEAR AGO
    * OUTLOOK 2023:  GROUP SPECIFIES 2023 OBJECTIVES OF POSITIVE
ORGANIC GROWTH IN ITS VOLUMES OF RECONDITIONED VEHICLES SOLD TO
INDIVIDUALS AND A POSITIVE ADJUSTED EBITDA
    * OUTLOOK: FOR THE MEDIUM TERM, ARAMIS GROUP REAFFIRMS ITS
CONFIDENCE IN ITS CONSIDERABLE POTENTIAL FORMARKET SHARE

Further company coverage:  ARAMI.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))